Lytmus AI, a Bengaluru-based startup building AI mentors for competitive exam preparation, has raised Rs 5 crore in a pre-seed funding round led by Boundless Ventures.

The fresh capital will be used to strengthen the startup’s AI capabilities, accelerate product development, and expand student acquisition, with an initial focus on the NEET segment, the company said in a press release.

Founded in 2024 by Ajit Kumar and Praveen, Lytmus AI develops AI mentors for competitive exam preparation. The platform combines persistent memory and contextual understanding with subject expertise from teachers to create AI mentors that resolve doubts in real time and guide students through their learning journey. It is currently available on mobile with an initial focus on NEET.

According to the startup, its platform operates on two layers. The infrastructure layer is trained on the teaching patterns of subject experts to enable AI mentors to explain concepts effectively, while the application layer maintains memory and context for each student to personalise the learning experience.

With more than two million candidates registering for NEET every year, the company believes there is significant demand for personalised academic support during exam preparation.

Lytmus AI said its platform has been used by over 16,000 students in the past 90 days. According to the company, students using its AI mentor complete up to three times more daily practice than those without such guidance.

The startup competes with players such as Physics Wallah, Unacademy, Arihant, and Infinity Learn.