Monday
August 22
2022

Edtech Company Sunstone Bags $35 Million In Series C in India

By Aman Rawat

Edtech startup Sunstone Education Technology Pvt. Ltd, on Friday announced it has raised $35 million in its Series C funding round led by WestBridge Capital. Alteria Capital also participated in the round.

Sunstone is planning to utilize the fresh funds to expand its presence from the current 35+ cities to 100 cities across India. The company will also use the funds to expand into new programmes, with a focus on undergraduate tech programmes, it said in a release.

Founded by Ashish Munjal and Piyush Nangru in 2019, Sunstone offers a hybrid learning model for a slew of higher education courses such as Master of Business Administration, Bachelor of Technology, and Bachelors of Business Administration, etc.

Photo courtesy of Siyavula Education.

Source: VCCircle (link opens in a new window)

Categories
Education, Technology
Tags
EdTech, education, funding, social impact, startups