ByteXL, a Hyderabad-based edtech startup dedicated to transforming engineering education, has successfully raised $5.9 million in a Series A funding round. This round was led by Kalaari Capital, with significant participation from the Michael and Susan Dell Foundation.
“ByteXL is revolutionizing the education landscape for engineering colleges in India. By bridging the gap between academia and industry, it is set to make a substantial impact on the lives of students in tier II and tier III cities. This investment aligns with our goals of enhancing quality education and ensuring students meet industry demands,” stated Sanjay Modi, Senior Director at the Michael & Susan Dell Foundation.
The startup plans to utilize the newly acquired capital to expand its team, develop new products, and introduce advanced digital tools and technologies. Additionally, ByteXL aims to extend its reach to more colleges and universities across the nation.
“At ByteXL, we’re not just teaching coding; we’re shaping futures and driving innovation in tech education across India. This funding boosts our confidence in empowering the engineers of tomorrow with cutting-edge skills and technologies, helping us bridge the gap between academia and industry at a faster pace,” said Karun Tadepalli, CEO and Co-Founder of ByteXL.
Sampath P, Partner at Kalaari Capital, emphasized the evolving needs of engineering schools in India and other markets. “Engineering schools are striving to maintain high standards of curriculum, pedagogy, and industry readiness in rapidly evolving technology disciplines. Accelerated progress in AI has underscored the critical need to equip students for the next generation of technology jobs. ByteXL is committed to being a true partner for universities and colleges, offering operational expertise, high-quality educators, and an interactive digital learning platform,” he said.
With this significant investment, ByteXL is poised to enhance its educational offerings and solidify its position as a key player in the edtech sector, driving forward the future of engineering education in India.
