Prepseed, an edtech company based in Ahmedabad, has received Rs 2 crores in seed funding from the Chiripal Group of Companies. The company's investment was valued at Rs 10 crore. 

Vansh Chiripal has now joined the company's board of directors. Prepseed began as a tool to assist competitive exam candidates in analysing their performance through the use of AI technology. It helps students prepare for competitive exams like IIT-JEE, NEET, and SAT, as well as educational institutions like KG-12 grade: CBSE, Cambridge, IB, IGCSE, and various State Boards. 

Prepseed's Learning Management System (LMS) and/or Enterprise Resource Planning (ERP) services are used by Allen Institute for Careers, JNV (Jawahar Navodaya Vidyalaya), Resonance, Reliable Institute, Dakshana Foundation, Vyas edification, and others.

The application version for mobile phones and tablets for the students, teachers, admins and management has also been developed and is under the testing stage. Prepseed has a vision of attempting to make education more horizontal through technology, trying to provide the same opportunities to private and public institutions. The next step is to digitise institutions, particularly in India, to bridge the gap between teachers' and students' potential.