byteXL India’s rapidly growing edtech platform focused on revolutionizing engineering education, has secured $5.9 million in Series A funding. The round was led by Kalaari Capital as lead investor, along with the Michael and Susan Dell Foundation. This investment highlights byteXL’s mission to provide high-quality, affordable tech skills to engineering students in tier II and tier III cities across India and acknowledges the company’s impressive growth over the past four years.
The new capital will be used for team expansion, product development, the introduction of new digital tools and technologies, and outreach to more colleges and universities across the country.
Since its inception, byteXL has partnered with over 26 colleges and universities across India, training more than a lakh student in various software technologies including programming, emerging technologies like cybersecurity, full stack development, cloud technologies etc. These efforts have led to higher placement rates and increased student intake for their partner institutions. Recently, byteXL collaborated with Microsoft to introduce a new B.Tech CSE course in Artificial Intelligence and Machine Learning, designed to meet current industry demands.
Karun Tadepalli, CEO and Co-Founder of byteXL, stated, “At byteXL, we’re not just teaching coding; we’re shaping futures and driving innovation in tech education across India. This funding will boost our confidence in empowering engineers of tomorrow with cutting-edge skills and technologies and help us bridge the gap between academia and industry at a faster pace.”
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. ByteXL is committed to being a true partner for universities and colleges, with operational expertise, high-quality educators and an interactive digital learning platform. Karun, Charan and team have spent a long time understanding the core needs of each stakeholder involved in the delivery of technology and curriculum and are deeply committed to improving learning outcomes and the quality of tech talent in India. We are excited to partner with them on this mission.”
Sanjay Modi, Senior Director, Michael & Susan Dell Foundation adds “byteXL is transforming the teaching and learning of engineering colleges in India. By bridging the gap between academia and industry, it is set to make a significant impact on the lives of students in tier II and tier III cities. This investment is aligned with our objectives of enhancing quality education and bridging the gap between academic learning and industry demands.”
About Kalaari Capital
Kalaari Capital is an early-stage, technology-focused venture capital firm based in Bengaluru, India. Since 2006, Kalaari has empowered visionary entrepreneurs building unique solutions that reshape the way Indians live, work, consume and transact. The firm’s ethos is to partner early with founders and work with them to navigate the inevitable challenges of fostering ideas into successful businesses. At its core, Kalaari believes in building long-term relationships based on trust, transparency, authenticity, and respect.
About MSDF
The Michael & Susan Dell Foundation (www.dell.org) is dedicated to transforming the lives of children living in urban poverty around the world. With offices in Austin, TX, New Delhi, India, and Cape Town, South Africa, the Dell Foundation funds programs that foster high-quality public education and childhood health and improve the economic stability of the families we serve. To date, the foundation has committed $2.4 billion to global children’s issues and community initiatives to accelerate opportunity for families.
About byteXL:
byteXL is an edtech company transforming engineering colleges in India by revolutionizing the education system and creating a pathway of opportunity for students. They are achieving this by partnering with colleges and industry to integrate curriculum, content, and practical learning, thus providing students with the necessary skills and awareness on employability and empowering them to excel in their careers. Through its innovative approach, byteXL aspires to empower students, bridging the gap between academia and industry, and shaping the next generation of highly skilled professionals who will contribute to the development of the nation. It envisions a future where every engineering student has access to a holistic and industry-relevant education that enhances their skills and employability.
To learn more, visit: www.bytexl.com.
