Sunstone Raises $35M in Series C Funding Led by WestBridge Capital
Sunstone, a leading higher education startup in India, raised approximately $35 million in funding piloted by the investment firm, WestBridge Capital. Additional funding has been procured from the Venture debt firm, Alteria Capital.
Everything You Need To Know in 45 Words
Sunstone partners with higher education institutions throughout India to increase the marketability and employability of students before they enter the job market. The startup plans to use this round of funding to expand its programs to 100 cities across India over the next two years.
More About Sunstone’s Academic Initiatives
Sunstone was founded in 2019 by leaders Ashish Munjal and Piyush Nangru. They use a data-driven model to address education inequities across India. Historically, colleges and academic institutions have struggled to attract and retain students, and outdated curriculums fail to adequately prepare students for employment.
Sunstone addresses these challenges by producing a variety of initiatives that instill industry-ready skills and soft skills, as well as creating campus-life programs for students. They currently partner with 40 academic institutions across 35 cities and previously raised $28 million in Series B funding in 2021.
Munjal and Nangru plan to use their funding to expand Sunstone’s reach across India, with particular emphasis on growing undergraduate technology programs. The founders share the goal of transforming India’s higher education system to improve the quality of education for every student.
Sunstone partners with higher education institutions throughout India to increase the marketability and employability of students before they enter the job market.
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