Ambitio, an edtech startup specializing in AI-based global admissions, recently announced a significant financial milestone, securing Rs 1.55 crore (USD$ 181,115.40) in its pre-seed funding round. The round was co-led by First Cheque and a group of other investors. This infusion of capital is earmarked primarily for further product development and expanding distribution channels, as per Ambitio’s press release.
Founded in 2022 by Dirghayu Kaushik, Vikrant Shivalik, and Vaibhav Tyagi, Ambitio has positioned itself as a key player in assisting students with securing admissions to top global universities. The platform offers a unique feature allowing applicants to find suitable courses and create outstanding essays and Statements of Purpose (SOPs). With a comprehensive database of over 2 million admissions, Ambitio is developing a streamlined, low-touch approach to crafting a global admissions platform.
Ambitio’s mission is to act as an intelligent digital advisor throughout the student’s admissions journey. Its unique blend of AI technology and expert mentorship ensures applicants enhance their profiles and submit excellent applications, increasing their chances of acceptance into prestigious institutions.
Ambitio’s emergence in the educational technology space positions it alongside notable competitors such as Yocket, Leverage Edu, iSchoolConnect, and Leap Scholar. This funding marks a significant step in Ambitio’s journey to redefine the admissions process for students globally through its innovative use of AI and expert guidance.