Edtech Startup byteXL Raises $9M Led by Elevar Equity

7 Oct 2026, 10:53 am · 18h ago · 1 min read · YourStory

Amount

$9M

Lead

Elevar Equity

Hyderabad-based edtech platform byteXL has raised $9 million in its latest funding round led by Elevar Equity. Existing backers Kalaari Capital and The Michael & Susan Dell Foundation also participated in the round. Founded by brothers Karun and Sricharan Tadepalli, byteXL partners with engineering colleges in Tier II and Tier III cities to embed AI and tech training into degree programmes. The company plans to deploy the fresh capital to expand its institutional footprint from 40 to 120 colleges, grow student reach to 500,000 across 15 states, and build AI-driven assessment tools.