Edtech company byteXL has raised $9 million in a funding round led by Elevar Equity with participation from Kalaari Capital and The Michael & Susan Dell Foundation.
The company will use the new capital to expand its institutional footprint across India, strengthen AI and technology-led learning platform, expand academic and delivery capabilities and develop new industry-aligned skilling programmes. It plans to grow its presence from 40 institutions to 120 institutions over the next two years, while expanding its reach from 2-5 lakh students across 15 States.
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Originally published by The Hindu on Oct 7, 2026
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