Edtech startup AdmitKard has raised Rs 50 crore in a Series A funding round led by GSV Ventures and other investors. The startup, which helps students to apply to universities abroad, plans to use the raised capital to continue its rapid growth and further strengthen its position in the edtech space.
Founded in 2017 by Piyush Bhartiya and Rachit Agrawal, AdmitKard said it uses advanced technology and data science to provide personalised guidance to students, helping them to find the best-fit university, course, and country to achieve their career goals.
The startup claims to have helped more than 1,000 students and provided access to over 3,000 universities in over 20 countries.
It has built an intelligent match-making layer on top of millions of data points gathered over the years and refreshed frequently. But data itself is insufficient to provide assurance and confidence in a pivotal life decision for which AdmitKard has nurtured a very tight-knit community of Mentors (current international students) who guide these students and their parents by sharing their experiences.
“We are thrilled to have GSV Ventures on board as we continue to build and scale AdmitKard. This funding will allow us to accelerate our growth and invest in our technology and product offerings, enabling us to better serve our students and partners,” said Piyush Bhartiya, Co-founder of AdmitKard.
“As the world becomes more connected and global, education is becoming increasingly important, and AdmitKard is at the forefront of helping students navigate this complex landscape. We are excited to support AdmitKard in their mission to make education more accessible and help students achieve their dreams,” said Deborah Quazzo, Managing Partner of GSV Ventures.
Source @Indianstartupnews
