Edtech firm ByteXL has raised $5.9 million in a funding round led by early-stage venture capital firm Kalaari Capital as the lead investor, along with the Michael and Susan Dell Foundation.
The funds will be used for expanding the team, advancing product development, rolling out new digital tools and technologies, and expanding outreach efforts to more colleges and universities across the country.
Founded in 2020 by Karun Tadepalli and Sricharan Tadepalli, the Hyderabad-based company partners with colleges and industry to integrate curriculum, content, and practical learning for engineering students. The company provides training in various software technologies including programming, emerging fields like cybersecurity, full stack development, cloud technologies, etc.
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“This funding will boost our confidence in empowering engineers of tomorrow with cutting-edge skills and technologies and help us bridge the gap between academia and industry at a faster pace,” said chief executive Tadepalli.
ByteXL has so far partnered with over 26 colleges and universities across India.
The company claims to have trained more than 100,000 students. Recently, ByteXL partnered with Microsoft to introduce a new BTech CSE course in artificial intelligence (AI) and machine