Funding · Education & Skilling

NPrep raises $1.5M seed round led by Lumikai

By Startup Enthusiast · 11 March 2026

What they do

NPrep is an AI-powered video-first learning platform for nursing entrance exams and healthcare careers

The company raised $1.5 million in a seed round led by Lumikai with participation from All In Capital

It has over 100,000 users in India and plans to deepen AI capabilities and expand global reach

NPrep raised $1.5 million in a seed round of funding.
The investment was led by Lumikai, a venture capital firm focused on interactive media and digital platforms.
All In Capital participated as an existing investor alongside new participants like Velo Partners.
DSP Group Family Office and angel investor Viren Shetty also joined the funding round.
The founders are Prince Kaushik, Utkarsh Paliwal, and Gourav Khurana, all MBBS alumni from AIIMS Jodhpur.
NPrep launched its platform in 2024 and has grown rapidly since then.
The company aims to use the funds to deepen AI capabilities and expand its content library.
This marks Lumikai's third investment in the interactive learning space after Supernova and Vobble.

NPrep addresses a market dominated by offline centres and static PDFs lacking personalization.
The platform targets a large pool of 3.2 million registered nurses in India.
High-income job potential drives demand for effective preparation tools among nursing students.
Lumikai sees strong growth potential in specialized verticals within the education technology sector.

NPrep offers an AI-powered, video-first learning platform tailored for nursing entrance exams.
The content includes 1,400+ hours of exam-aligned original video material for comprehensive study.
Users receive personalized study plans and access to an AI mentor for guidance.
The platform features curated questions based on historical data and robust performance tracking tools.
It primarily serves nursing students and professionals in tier II and III cities across India.
The goal is to prepare candidates for government hospital jobs, private hospitals, and global roles.
NPrep helps users aim for high-paying positions with salaries up to ₹1 lakh per month.
The business model focuses on scalable digital content delivery to a mass market audience.

Lumikai (lead) — A VC firm focused on interactive media, digital platforms, and games.
All In Capital (existing) — An existing investor who participated in the previous pre-seed round.
Velo Partners (participated) — A new participant in this seed funding round.
DSP Group Family Office (participated) — A family office investing in early-stage education technology ventures.
Viren Shetty (angel) — Executive Vice Chairman at Narayana Health providing angel investment.

Product: AI-driven learning platform with exam-focused content, mock interviews, resume building and automated assessments
Customers: Nursing students and professionals from tier II and tier III cities preparing for government and global healthcare roles
How it makes money: B2C education platform with placement partnerships and subscription-based learning access
What sets it apart: AI-powered placement-focused platform addressing tier II and tier III city barriers to nursing education