With support from the Michael and Susan Dell Foundation, Hyderabad-based byteXL, an edtech firm, has successfully raised $5.9 million in a Series A fundraising round headed by Kalaari Capital. By giving students skills relevant to the market, the company hopes to transform engineering education in India, especially in tier II and tier III locations.
ByteXL has rapidly expanded its reach
Since its founding in 2019 by Karun and Charan Tadepalli, byteXL has quickly grown, collaborating with more than 26 colleges and universities to teach computer skills to over a lakh students. The primary goal of the firm is to offer top-notch instruction in software technologies like cloud computing, full-stack development, cybersecurity, and programming.
ByteXL campus recruitment system
byteXL’s unique approach combines a hybrid learning model with a supervised campus recruitment system to ensure students are well-prepared for the IT industry. By bridging the gap between theoretical knowledge and practical application, the company aims to enhance employability and career prospects for engineering graduates.
Strategy for Student Experience
The recently obtained funds will play a crucial role in accelerating byteXL’s growth trajectory. The company intends to make investments in enhancing its cutting-edge learning platform, adding new digital tools to improve the student experience, and growing its staff of qualified educators and developers. Furthermore, byteXL wants to increase its presence by collaborating with more universities around the nation.
The funding has excited Sanjay Modi, Senior Director at the Michael & Susan Dell Foundation, who said that byteXL is revolutionizing the way engineering universities in India educate and learn. Students’ lives in tier II and tier III cities are expected to be significantly impacted by it since it bridges the gap between academia and industry. This investment supports our goals of raising educational standards and closing the knowledge gap between what is taught in the classroom and what employers need.
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