[Funding News] byteXL Raises $5.9 Mn Series A Funding Round from Kalaari Capital

byteXL, an edtech platform that specialises in engineering institutions, has secured $5.9 million in a Series A funding round led by Kalaari Capital, with the Michael & Susan Dell Foundation participating.

The funds will be used by Hyderabad-based byteXL to extend its team, introduce advanced digital tools and technologies, develop new products, and expand outreach to colleges and universities nationwide.

Through a hybrid learning platform and a supervised campus recruitment model, byteXL equips engineers with the necessary skills to pursue IT careers.

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Since its inception, byteXL has collaborated with more than 26 colleges and institutions in India, providing training to over one lakh students in a variety of software technologies, such as programming, cloud technologies, full stack development, and emerging technologies such as cybersecurity.

These endeavours have resulted in an increase in student intake and higher placement rates for its partner institutions, as per byteXL.

Sampath P, Partner at Kalaari Capital, said: “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. 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,”

About byteXL

Founded in 2019 by Karun Tadepalli and Charan Tadepalli, byteXL is an edtech company transforming engineering colleges in India by revolutionizing the education system and creating a pathway of opportunity for students.

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