Hyd: byteXL raises USD 9 million in funding round led by Elevar Equity

Hyderabad, Oct 7 (UNI) Edtech company byteXL on Wednesday said it has raised USD 9 million in its latest funding round led by Elevar Equity, with participation from existing investors Kalaari Capital and The Michael & Susan Dell Foundation, to expand its technology and AI skilling programmes across engineering colleges in India. In a release, the Hyderabad based company said the investment would support expansion of its institutional footprint, technology and AI-led learning platform, academic and delivery capabilities and industry-aligned skilling programmes. Founded by brothers Karun and Sricharan Tadepalli, byteXL works with engineering colleges, particularly in Tier-2 and Tier-3 cities,…