Updated: Sep 30, 2020 16:50 IST
New Delhi [India], September 30 (ANI/NewsVoir): Sunstone Eduversity (owned by Sunstone Education Tech Pvt Ltd) an edtech startup offering industry-ready higher education programs with Pay after Placement, has raised Rs 24 crore in Series A funding.
The funding was led by Saama Capital, with participation from Ashish Gupta, MD – Helion Advisors, Pankaj Bansal, Co-founder & CEO – PeopleStrong. Existing investors, Prime Venture Partners, Rajul Garg and Purvi Capital also participated in the round.
The company will use the fresh capital to invest in its technology platform, hiring and curriculum. Sunstone is also planning to use the funds to strengthen its efforts in creating industry-ready professionals and building its network of colleges across multiple cities.
Sunstone takes complete accountability of a student’s career by operating on a pay after placement model. Students pay a nominal registration amount as an upfront fee and