Edtech Startup AdmitKard Raises $1 Million led by Australian edtech fund

Edtech Startup AdmitKard, Services outline
Edtech Startup AdmitKard, Services

Noida-based Indian Edtech Startup AdmitKard raised $1 million from Australian edtech fund Growth DNA and other angel investors from India and Australia in a Seed round of funding.

Adtech startup AdmitKard is founded in 2016 by Rachit Agrawal and Piyush Bhartiya, with the aim to support students who want to go abroad for study. The adtech startup is simplifying the way to apply to universities for higher education. AdmitKard is an early-stage startup – providing a tech solution for end to end career advisory to students looking to study abroad.

Founders of Indian Edtech Startup AdmitKard

1. Rachit Agrawal: Rachit is a serial entrepreneur and technology expert in the company. He has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world’s # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia, and Europe.

2. Piyush Bhartiya: Piyush values education and has studied from the top institutes of IIT Roorkee, IIM Bangalore, KTH Sweden and Tsinghua University in China. Post completing his MBA, he has worked with the world’s # 1 consulting firm, The Boston Consulting Group and focused on building sales and marketing vertical for top MNCs and Indian business houses.

Edtech Startups idea and Work: Startup will ease and quick the overseas application process, efficient and personalized. Student can choose the courses from listed 50,000+ courses to search from across 700+ universities.

Indian edtech startup AdmitKard will utilize funds on a plan of expansion of its services across 100+ cities in India.

Indian students studying Abroad figures.
Indian students studying Abroad figures.

Abroad study is not new for Indian students; as per The Hindu article a total 7, 52,725 Indian students are studying abroad in 90 countries. From this, singly the United States has the most number of Indian students (2,11,703).

Most of the Indian banks are providing easy EMI loans to abroad student. SBI Global Ed-Vantage is an overseas education loan exclusively for those who wish to pursue full-time regular courses at foreign colleges/universities. The Loan amount is from Rs. 20 lakhs to Rs. 1.5 Cr with Repayment through EMI up to 15 years.

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