Ambitio Secures Rs 1.55 Crore in Pre-Seed Funding Round to Enhance AI Admissions Platform
- ByStartupStory | January 11, 2024
Ambitio, the AI-based global admissions startup specializing in assisting students in pursuing higher education abroad, has announced a pre-seed funding round of Rs 1.55 crore. The funding comes from a group of investors, including First Cheque, a couple of soonicorn founders, and angel investors from both the US and India.
Founded by graduates of IIT BHU, including Dirghayu Kaushik, Vikrant Shivalik, and Vaibhav Tyagi, Ambitio is dedicated to building India’s first AI admissions platform. The platform aims to aid applicants in securing admissions in top global universities by leveraging AI technology. Ambitio’s AI Copilot feature enables applicants to identify ideal courses and create impressive essays and SOPs. With access to a database of over 2 million admits, the company is developing a low-touch approach to creating a comprehensive global admissions platform.
“Our goal is to serve as intelligent digital advisors to students throughout their admissions journey. For years, this information was scattered all over the place and insights were confined to a handful of education counsellors. With the decentralization of information and emergence of LLMs, all this knowledge can now be intelligently used to give personalized admission advice” stated Dirghayu Kaushik, Co-founder and CEO at Ambitio.
Vikrant Shivalik, Co-founder and COO at Ambitio, said, “Our unique AI+Mentor approach coupled with our in-house admission experts, ensures that our applicants get accepted into their dream schools by fostering strong profile building and crafting stellar applications”
Prateek Agarwal, Investments Lead at First Cheque, said, “We believe Ambitio is well positioned to leverage Gen-AI capabilities. Their product-led approach presents a great opportunity to develop a global admissions product”.
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