Sunstone Eduversity, an educational technology (ed-tech) startup offering higher education programs, has raised ₹11.3 crores from Prime Venture Partners, LetsVenture, PS1 Ventures, and early-stage investor Rajul Garg..Vertices Partners represented Sunstone Education, with a team led by Founder Partner Archana Khosla and Associate Partner Sohini Mandal.. NDS Law Partners represented Seabright III Limited with a team led by Founder Partner, Geetanjali Swamy..Sunstone Eduversity will use the fresh funds to build its network of colleges across various cities and strengthen its efforts to create “industry-ready professionals by investing in technology and curriculum.” Sunstone said it plans to achieve 7-times growth in student enrollments and add more than 2,000 students.Founded by IMT-Ghaziabad alumnus Ashish Munjal and Piyush Nangru, Sunstone claims to offer India’s only Pay-after-Placement formal education program in partnership with several colleges and private universities, reported Mint..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
