AdmitKard raises $ 1.34 million in Pre-Series A round
AdmitKard, an edtech platform that simplifies accessing higher education abroad, has raised Rs 10 crore ($1.34 million) in a pre-Series A round.
Money in the round was majorly raised from founders of edtech platforms including Vamsi Krishna and Pulkit Jain of Vedantu; Mayank Kumar of upGrad; Gaurav Munjal, Roman Saini and Sumit Jain of Unacademy; Tanushree Nagori, Aditya Shankar and Ravi Sekhar of DoubtNut; and Akshay Saxena of Avanti.
Other prominent investors include Pankaj Chaddah (ex-Zomato), Suhail Sameer and Dhruv Dhanraj Bahl of BharatPe; Vijay Arisetty (MyGate); Anand Chandrasekaran (ex-Snapdeal, Facebook); and Sameer Guglani of Morpheus Gang.
Including the current round, the startup has raised a total of Rs 17 crore and served students from 26 states in India and countries such as Sri Lanka, Nepal, Afghanistan, Nigeria and Vietnam. The company has counselled over 25,000 students, processed around 12,000 applications and has a portfolio of over 2,300 universities across the globe.
Launched in 2017 by IIT-IIM alumni Piyush Bhartiya and Rachit Agrawal, AdmitKard aims to mentor students in the college application process by providing a technical platform.