Edtech Startup Elevate Education Bags ₹170 Cr Funding to Expand AI Platform

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Elevate Education, formerly known as Sunstone, has raised ₹170 crore ($17.7 million) in a Series D funding round led by existing investor WestBridge Capital, as the edtech startup looks to deepen its AI capabilities and expand its higher education network.

The fresh capital will be used to strengthen the company's AI-driven learning platform, onboard more partner institutions and invest in curriculum development and industry-linked academic programmes.

Founded in 2019 by Ashish Munjal and Piyush Nangru, Elevate Education partners with colleges and universities to deliver undergraduate and postgraduate programmes designed to improve student employability through practical learning, placement support and career-focused interventions.

The company currently works with more than 25,000 students across a growing network of partner institutions, including MIT Pune, Manipal University, SIIB and BITS Pilani.

Doubling Down on AI in Higher Education

The funding comes as higher education providers increasingly adopt AI to personalise learning, improve student engagement and...

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