Edtech startup Sunstone raises $35 million in Series C funding led by WestBridge Capital

Sunstone, a higher education business that works with academic institutions to help students gain employability skills, has raised $35 million in a fresh funding round as it tries to expand to more Indian cities. Sunstone’s founders announced on Friday that WestBridge Capital led the startup’s Series C funding round. Alteria Capital also contributed to the round, bringing its total funding to over $68 million.

There are thousands of management colleges and institutes in India, but most are unable to attract enough students, except those at the top of the rankings. Their curricula are frequently out of date, and they struggle to place their pupils in jobs.

Sunstone, which was founded in 2019, is tackling these difficulties by providing students with a wide selection of supplementary courses and assisting them in finding jobs, according to its co-founder Piyush Nangru. “The colleges have a 40% occupancy rate. It’s similar to perishable inventory for them, preventing them from amassing resources and, as a result, lowering educational quality,” he explained. “We collaborate with these schools to provide students with upskilling and soft-skill courses, as well as campus-life programs, to improve their educational quality.”

Sunstone raises $35 million in Series C funding led by WestBridge Capital. Congratulations to the entire team. I wish you great success in this endeavour.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to ashu@startuplanes.com