Edtech startup focused on engineering education byteXL raises $5.9 million

byteXL, a Hyderabad-based edtech startup focused on engineering education, has raised $5.9 million in a Series A funding round led by Kalaari Capital, with participation from the Michael and Susan Dell Foundation.

“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," said Sanjay Modi, Senior Director at the Michael & Susan Dell Foundation.

What does byteXL do? 

Founded in 2019 by Karun Tadepalli and Charan Tadepalli, byteXL specializes in providing high-quality, affordable tech skills to engineering students, particularly in tier II and tier III cities across India.

The startup has partnered with over 26 colleges and universities, training more than one lakh students in software technologies such as programming, cybersecurity, full-stack development, and cloud technologies.

Its platform uses a hybrid learning model and a supervised campus recruitment system to prepare students for IT careers.

Purpose of fundraising

The startup plans to use the raised capital for team expansion, product development, and the introduction of new digital tools and technologies.

Additionally, byteXL plans to extend its outreach to more colleges and universities nationwide.

“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," said Karun Tadepalli, CEO and Co-Founder.

Investor comments

“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," said Sampath P, Partner at Kalaari Capital.