Ambitio, an India-based artificial intelligence (AI)-based global admissions startup, has secured Rs 1.5 crore in pre-seed funding.
SaaS Investors
The round was led by First Cheque, with participation from angel investors in India and the US.
Founded in 2018, First Cheque is a venture capital firm based in Mumbai, India. The firm prefers to make early-stage investments in deep technology, b2b marketplace, consumer internet, dev tools,edtech, hrtech, fintech, gaming, health tech, SaaS, logistics and web 3 startups.
Ambition Use of Funds
The company will use the funds to advance product development and expand the team.
Funding Details
Founded in 2022 by Dirghayu Kaushik, Vikrant Shivalik, and Vaibhav Tyagi, Ambition is an edtech startup specializing in AI-based global admissions to help applicants secure admissions in top global universities. Its AI platform assists in the study abroad journey, right from program selection to crafting applications. The platform offers a feature allowing applicants to find suitable courses and create outstanding essays and Statements of Purpose (SOPs).
Funding Details
Company: Ambitio Technologies Private Limited
Raised: Rs 1.5 Cr
Round: Pre-Seed Round
Funding Month: January 2024
Lead Investors: First Cheque
Additional Investors:
Company Website: https://ambitio.club/
Software Category: AI Admission Platform
Source: https://economictimes.indiatimes.com/tech/funding/edtech-startup-ambitio-secures-rs-1-55-crore-in-funding/articleshow/106739187.cms?from=mdr