Education technology startup Sunstone Eduversity has raised Rs 24 crore in Series A funding led by Saama Capital, along with participation from existing investors Prime Venture Partners, Purvi Capital and Leo Capital founder and MD Rajul Garg. The round also saw Helion Advisors MD Ashish Gupta and PeopleStrong CEO Pankaj Bansal coming onboard as new investors. Sunstone Eduversity plans to utilise the capital for investments in technology, hiring and building its curriculum. It’s also looking at growing its network of partner colleges from eight institutions in six cities to 20 partners in 15 cities by July 2021.
Sunstone Eduversity raises Rs 24 crore in funding led by Saama Capital
Date posted: Thursday 1 October 2020