Hyd Edtech sStartup byteXL Eyes $5m Fundraise This Year

Hyderabad: After having raised $250,000 from US-based angel investors led by Joy Family Investments in 2021, Hyderabad-based edtech startup byteXL is now looking to raise $5 million (approx Rs 38 crore) to fund its expansion plans.

The B2B upskilling edtech player, which works with colleges on a subscription model to help students up their employability quotient, is already in parleys with venture capital players for the proposed fundraise, its co-founder & CEO Karun Tadepalli told TOI.