- ByteXL secured $5.9 million led by Kalaari Capital for team expansion and product development.
- ByteXL partners with Microsoft for new AI and ML courses, impacting over 100,000 students nationwide.
ByteXL, an edtech company, has secured $5.9 million in funding led by Kalaari Capital, with participation from the Michael and Susan Dell Foundation. The funds will support team expansion, product development, introduction of new digital tools, and outreach to additional colleges and universities nationwide.
“Engineering schools in India and other markets are evolving to maintain high standards of curriculum, pedagogy, and industry readiness in technology disciplines that are rapidly evolving,” said Sampath P, partner at Kalaari Capital. “This need, accelerated by rapid progress in AI, is a critical problem to solve to enable students to succeed in the next generation of technology jobs.”
Founded in 2020 by Karun Tadepalli and Sricharan Tadepalli, ByteXL collaborates with colleges and industry to offer integrated curriculum and practical learning for engineering students. They provide training in software technologies such as programming, cybersecurity, full-stack development, and cloud technologies.
The Hyderabad-based company partners with over 26 colleges and universities across India, training more than 100,000 students. Recently, it teamed up with Microsoft to introduce a new BTech CSE course in Artificial Intelligence (AI) and Machine Learning (ML).
In June, Kalaari Capital led a seed funding round for Lxme, a financial platform dedicated specifically for women, securing $1.2 million in investments.
Edited by Harshajit Sarmah