AdmitKard
AdmitKard is a technology company.
Financial History
AdmitKard has raised $7.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has AdmitKard raised?
AdmitKard has raised $7.0M in total across 2 funding rounds.
AdmitKard is a technology company.
AdmitKard has raised $7.0M across 2 funding rounds.
AdmitKard has raised $7.0M in total across 2 funding rounds.
AdmitKard is an EdTech platform that simplifies the study abroad process for students aspiring to higher education at international universities.[1][4][6] It offers end-to-end services including personalized university matching, profile building, test preparation, application support, scholarships, education loans, visas, and accommodation, powered by AI, data science, and expert mentorship from IIT-IIM alumni.[1][2][4][6] Targeting students globally but primarily from India, AdmitKard solves the complexity of opaque admissions processes by providing tailored guidance that has facilitated access to over 3,000 universities in 20+ countries and counseled over 250,000 students, with 240% growth in counseling during the pandemic.[1][2] The company raised Rs 50 Cr ($6M) in Series A funding in 2023 from GSV Ventures and others, fueling product innovation, hiring, and market expansion.[1][5]
Founded in 2016 in Noida, India, by IIT-IIM alumni Piyush Bhartiya (IIT Roorkee and IIM Bangalore, ex-Schlumberger and Boston Consulting Group) and Rachit Agrawal (IIIT Allahabad and IIM Calcutta, ex-Boston Consulting Group), AdmitKard emerged from the founders' recognition of fragmented study abroad counseling.[1][4] Their combined engineering and strategic expertise drove the creation of a tech-first platform aggregating millions of data points for intelligent university-student matching.[1][4] Early traction included counseling surges during the pandemic, reaching 25,000+ students by 2021, and pivotal 2023 Series A funding to scale globally.[1][2]
AdmitKard rides the global EdTech boom, fueled by rising demand for study abroad amid India's youth demographic and post-pandemic digital shifts, where counseling demand jumped 240%.[2] Timing aligns with AI democratization in education, enabling precise matching in a $200B+ market fragmented by manual advisors and high costs.[1][2] Favorable forces include increasing international enrollments (20+ countries served), fintech integration for loans, and remote tools that lower barriers for non-urban students.[1][6] It influences the ecosystem by setting standards for tech-human hybrid models, boosting access for underrepresented aspirants and partnering with 3,000+ universities, thus expanding the global talent pipeline.[1][4]
AdmitKard is poised for hypergrowth through AI enhancements, new market entries (post-2023 funding), and fintech expansions like loans and scholarships amid surging global mobility.[1][6] Trends like AI-driven personalization and micro-credentials will amplify its edge, potentially doubling user base as India's study abroad market hits millions annually.[2][6] Its influence may evolve into a full-stack global EdTech leader, blending tech with expertise to democratize elite education—transforming how the next generation of students conquers international opportunities, much like its founders disrupted counseling from day one.[4]
AdmitKard has raised $7.0M in total across 2 funding rounds.
AdmitKard's investors include Felicis Ventures, Flexcap, Golden Ventures, Graph Ventures, Ground Up Ventures, GSV Acceleration, Indicator Ventures, Inventus Capital Partners, Northside Ventures, Pareto Holdings, Quiet Capital, Red Swan Ventures.
AdmitKard has raised $7.0M across 2 funding rounds. Most recently, it raised $6.0M Series A in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $6.0M Series A | Felicis Ventures, Flexcap, Golden Ventures, Graph Ventures, Ground Up Ventures, GSV Acceleration, Indicator Ventures, Inventus Capital Partners, Northside Ventures, Pareto Holdings, Quiet Capital, Red Swan Ventures, RiverPark Ventures, Third Prime, Aaron King, Ben Jabbawy, Brian Sugar, Kevin Miller, Oliver Jung, Paul Hedrick, Phil Libin, Preetha Parthasarathy, Robert Wuttke, Rob Goldman | |
| Jul 1, 2021 | $1.0M Seed | Blume Ventures, General Catalyst, Hoxton Ventures, Lightspeed India Partners, Gaurav Munjal, Kunal Shah |