Edtech firm Sunstone raises USD 35 million from WestBridge Capital, others ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 31
Edtech startup Sunstone, which focuses on higher education, on Friday said it has raised USD 35 million, about Rs 280 crore, in a funding round led by WestBridge Capital. The funding round also saw participation from Alteria Capital. Founded by Ashish Munjal and Piyush Nangru in 2019, Sunstone had raised USD 28 million in Series B in October 2021. Munjal said that the fresh capital will be used to expand into new programmes with a key focus on undergraduate technology programmes. The company has presence across more than 35 cities in over 40 institutions and is building capacities to expand into 100 cities across the country in the next two years. "The Indian higher education system is at th

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