AdmitKard Raises Rs 10Cr In Pre-Series A Round
The round is majorly raised by founders of ed-tech platforms only that have participated in their personal capacity.
(L to R) Rachit Agrawal, Co-Founder, AdmitKard and Piyush Bhartiya, Founder & CEO, AdmitKard
AdmitKard, an EdTech platform that simplifies accessing higher education abroad has raised Rs 10Cr in Pre-Series A Round. The round is majorly raised by founders of ed-tech platforms only that have participated in their personal capacity. The round witnessed participation from the founders of renowned ed-tech start-up-like -Vamsi Krishna & Pulkit Jain of Vedantu, Mayank Kumar of upGrad, Gaurav Munjal, Roman Saini & Sumit Jain of Unacademy, Tanushree Nagori, Aditya Shankar & Ravi Sekhar of DoubtNut, Akshay Saxena of Avanti, and other prominent investors including Pankaj Chaddah (ex-Zomato), Suhail Sameer & Dhruv Dhanraj Bahl of BharatPe, Vijay Arisetty (MyGate), Anand Chandrasekaran (ex-Snapdeal, Facebook), Sameer Guglani of Morpheus Gang, BCG Partners, MD of JPMorgan and others.
The pandemic certainly wreaked havoc on the start-up industry, however, ed-tech has been one of the sectors to witness growth in traction. The sector moving towards holistic growth has exhibited a mutually beneficial approach in this fundraise where ed-tech founders have come forward to participate in fundraising by AdmitKard.
Including the current round, the startup has raised a total of Rs 17 Cr. It has created a strong community of international students and students looking to study abroad. They have already served students from 26 states in India through their platform and have also served few students from multiple other countries like Sri Lanka, Nepal, Afghanistan, Nigeria, Vietnam. The company is scaling at a fast pace, having counselled over 25000 students, processing around 12000 applications, and boasting a strong portfolio of over 2300 universities across the globe.
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