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Admission startup Ambitio raises $2 Mn in seed round

EntrackrEntrackr · 9m ago
Admission startup Ambitio raises $2 Mn in seed round
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.

Placement-focused startup NPrep raises pre-seed round led by All In Capital

EntrackrEntrackr · 4m ago
Placement-focused startup NPrep raises pre-seed round led by All In Capital
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.

Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital

EntrackrEntrackr · 4m ago
Terafac raises Rs 6.5 Cr in pre-seed round led by Inuka Capital
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.

Riverline AI raises $825K in pre-seed round led by South Park Commons

EntrackrEntrackr · 13d ago
Riverline AI raises $825K in pre-seed round led by South Park Commons
Medial

Riverline AI raises $825K in pre-seed round led by South Park Commons Bengaluru-based fintech startup Riverline AI has raised $825K in a pre-seed funding round led by South Park Commons, with participation from DeVC, gradCapital and several angel investors from Google, Meta, Tesla, M2P and HyperVerge. The company will deploy the capital toward engineering, AI memory systems, multilingual support and scaling its platform to handle more than one lakh conversations a day as it works toward building a new-age bank. Founded in 2024 by Ankit Sanghvi, Jayanth Krishnaprakash and Abhishek Gupta, Riverline develops AI debt-counsellors that interact with distressed borrowers and guide them toward more creditworthy decisions. The system aims to address gaps in India’s debt-recovery ecosystem by offering a scalable and patient counselling layer for borrowers while improving credit-risk visibility for lenders. Within seven months of launch, Riverline’s AI agents manage collections across over Rs 100 crore worth of bad loans every month. The platform works with tech-led loan service providers such as CRED, Freo, Nira and Propelld. South Park Commons is an early-stage technology community and venture organisation which has expanded into the Indian market. The group is raising an India-focused fund of approximately $40 million, marking its deeper commitment to supporting startups in the region.

Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 5m ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
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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