Bengaluru-based edtech startup Ambitio has successfully secured $2 million in seed funding, with BLinC Invest leading the round.
The funding round also saw participation from Ritu Bapna and other investors.
Prior to this, the company had raised $187K from First Cheque and additional backers as part of the same round.
The newly acquired capital will be directed toward enhancing technological capabilities, refining the student experience, and expanding distribution channels, the company stated in a press release.
Founded in 2022 by Dirghayu Kaushik and Vikrant Shivalik, Ambitio is an AI-powered platform that simplifies the university admissions process.
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By integrating insights from past applicants with expertise from alumni, the platform delivers a tailored and highly personalized experience for students.
Ambitio utilizes an extensive database of over 10 million data points to provide intelligent recommendations and connects students with admission specialists for personalized guidance.
The platform is exclusively designed to assist students in securing admissions to prestigious institutions worldwide.
Ambitio’s proprietary matching algorithm, trained on over 50,000 university programs, helps students find institutions that fit their academic and career goals.
The company claims its approach increases admission chances to top universities like Harvard, Stanford, Columbia, and Oxford by more than five times.
