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Ambitio building AI admissions platform raises Rs 1.55Cr in a pre-Seed round
IndianStartupNews
·
1y ago
Medial
Indian startup Ambitio, which focuses on assisting students in pursuing higher education abroad, has announced a pre-seed funding round of INR 1.55 crore. Led by investors such as First Cheque, the funding will support the development of India's first AI admissions platform. Ambitio's AI Copilot helps applicants identify suitable courses and create strong essays and statements of purpose. The startup aims to provide personalized admission advice by leveraging access to a database of over 2 million admits.
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Admission startup Ambitio raises $2 Mn in seed round
Entrackr
·
5m ago
Medial
Admission startup Ambitio raises $2 Mn in seed round Admissions startup Ambitio has secured $2 million in a seed funding round led by BLinC Invest along with participation from Ritu Bapna and other investors. Prior to this, the startup raised $187K in the same round from First Cheque and others. The fresh funds will be used to invest in technology and scale distribution channels, Ambitio stated. Co-founded in 2022 by Dirghayu Kaushik and Vikrant Shivalik, Ambitio is an AI-driven admissions platform leveraging over 10 million data points to provide a personalized admissions experience. It aims to match students to best-fit universities using real admission data. Ambitio claims successful admissions in top colleges like Harvard, Stanford, Columbia, and Oxford. It plans to help over 500,000 students access global education in the next two years and competes with startups such as Yocket, Gradvine, and MiMEssay.
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goSTOPS, Flowatt Battery Science, Felicity Games, others secure early-stage funding
VCCircle
·
5m ago
Medial
goSTOPS, Flowatt Battery Science, Felicity Games, Ambitio, and Dreamtime Learning have secured early-stage funding. goSTOPS raised $4.2 million to increase hostel capacity and enhance operations. Flowatt, specializing in advanced battery technology, received pre-seed funding. Felicity Games, a game publisher, garnered $3 million to expand its publishing reach. Ambitio, an AI-powered admissions platform, secured $2 million to enhance student guidance. Dreamtime Learning obtained pre-Series A funding to expand its micro-school model and online platform.
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Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding
VCCircle
·
1y ago
Medial
Fresh Bus, Fashor, Kazam, MiClient, EyeROV, and Ziptrrip have all recently raised early-stage funding. Fresh Bus, an electric intercity bus startup, secured Rs 87.5 crore in its series A funding round. Kazam, an e-mobility enabler, raised $8 million in its series A3 funding round. Fashor, a contemporary ethnic wear brand, received $5 million in funding. EyeROV, a marine robotics deeptech startup, raised Rs 10 crore in a pre-series A round. MiClient, an AI-driven B2B sales enablement platform, secured Rs 3.9 crore in seed funding. Finally, Ziptrrip, an AI-powered corporate travel and expense management platform, closed its pre-seed funding round with Rs 2 crore.
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Placement-focused startup NPrep raises pre-seed round led by All In Capital
Entrackr
·
25d ago
Medial
Placement-focused startup NPrep raises pre-seed round led by All In Capital NPrep, a placement-focused company which is building an AI-powered skilling platform for nursing students and professionals, has raised an undisclosed amount in a pre-seed funding round led by All In Capital along with participation from IIMA Ventures, Chegg’s founder Aayush Phumbhra, and several family offices and angel investors. The proceeds will be utilized to expand its course offerings, strengthen and build AI-driven learning platforms, and deepen its placement partnerships with hospitals and healthcare institutions across India, NPrep said in a press release. Co-founded in 2024 by Prince Kaushik, Utkarsh Paliwal, Gourav, and Shrey Gupta, the startup aims to address the barriers of students from tier II and tier III cities by offering an AI-powered skilling and placement platform tailored to the specific needs of nursing students and professionals. According to NPrep, it will also support students through mock interviews, resume building, and automated assessment tools that help improve their job readiness. The platform claims to have more than 2 million learners every month and growing its user base to 40,000 students in the last six months alone. The company plans to expand its placement services domestically in FY26 and internationally by FY27, building on its foundation of medical and technological expertise.
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Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
Entrackr
·
27d ago
Medial
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital Chandigarh-based AI-robotics startup Terafac has raised Rs 6.5 crore ($800K) in a pre-seed round led by Inuka Capital. Other investors include DEVC, Bharat Founders Fund, Innovation Mission Punjab, and select angels. The proceeds will be used for product innovation, market expansion, and hiring. Founded by Anubhi Khandelwal and Amrit Singh, Terafac has developed an AI-Vision platform that converts standard industrial robots into intelligent, self-adjusting machines. Its first product, WeldT, automates welding using computer vision to handle high product variations. The startup plans to expand its solution across tasks like gluing, painting, and inspection. Terafac operates on a "Software-as-a-Skill" model and targets 80 deployments across 20 customers in the next year. Its business model revolves around providing AI-based manufacturing automation tools to OEMs and factories, aiming to reach Rs 8 crore in ARR by FY26.
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Ideaspring Capital, Green Ivy lead early-stage rounds in two startups
VCCircle
·
1y ago
Medial
Fraud tracking platform ClearTrust and nutraceutical brand Earthful have secured early-stage funding. ClearTrust raised $1.9 million in a pre-Series A funding round led by Ideaspring Capital, while Earthful raised $396,947 in a pre-seed funding round from Green Ivy Ventures and angel investors. ClearTrust plans to expand its operations into North America and invest in AI and cybersecurity research. Earthful will use the funds for R&D, building an omnichannel presence, and team expansion.
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ByteXL, Honestly, two others raise early-stage funding
VCCircle
·
1y ago
Medial
Four startups recently secured funding. AI-powered beauty platform Honestly raised Rs 3.2 crore in pre-seed funding, led by Better Capital and with participation from QED Innovations and leaders from Flipkart, Polygon, and Cred. Edtech platform byteXL secured $5.9 million in Series A funding from Kalaari Capital and the Michael and Susan Dell Foundation. Protonas, specializing in low-cost PEM hydrogen fuel cell solutions, raised an undisclosed seed funding round led by Transition VC. Urban transit services provider MyPickup raised Rs 1.5 crore in a seed funding round led by Inflection Point Ventures.
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Total emergency network, Maidaan raises early-stage funding
VCCircle
·
1y ago
Medial
Healthcare logistics startup Total Emergency Network has secured Rs 2 crore in seed funding from Biorx Venture Advisors and undisclosed high-net-worth individuals. The Hyderabad-based startup offers a healthcare-focussed logistics platform, providing ambulance services and medical personnel within 15 minutes across India. Social entertainment platform Maidaan has also raised an undisclosed amount in a pre-seed funding round led by Inflection Point Ventures and EvolveX. Maidaan hosts live olympiads and tournaments for school children and aims to provide exposure and opportunities beyond school education.
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Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Entrackr
·
2m ago
Medial
Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.
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Indemn Raises $1.9M in Pre-Seed Funding
Finsmes
·
1y ago
Medial
Insurtech provider Indemn has secured $1.9 million in Pre-Seed funding led by Markd. The New York-based company plans to use the investment to further develop its AI-powered conversational insurance platform. Indemn's platform utilizes Large Language Models to support all aspects of digital insurance, including quoting and purchasing, while providing a seamless customer experience. CEO Kyle Geoghan expressed excitement about the funding, stating that it will help Indemn continue building a solution to transform the insurance acquisition experience.
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