Elevate Education raises ₹170 crore Series D led by WestBridge Capital

What's the deal? Elevate Education, formerly known as SunstoneDealroom has a profile for this one. Try Dealroom →, has raised ₹170 crore (about $17.6 million) in a Series D round led by WestBridge CapitalDealroom has a profile for this one. Try Dealroom →, with participation from existing investors. Founded in 2019, the company partners with academic institutions to strengthen student employability.

What's the endgame? Elevate plans to use the capital to build its technology and AI capabilities, expand its network of partner institutions, and improve student placement outcomes. It also intends to invest further in academic innovation and industry-linked programmes.

Who advised? Vertices Partners advised Elevate Education, with a team led by founder and managing partner Vinayak Burman and partner Vikrant Anand. Cyril Amarchand Mangaldas advised lead investor WestBridge Capital.

The signal: Investor appetite for India's higher education services sector remains steady, with capital flowing to companies tying student outcomes to employability and industry demand. Elevate's rebrand from Sunstone signals a broader pivot toward AI-led academic services.

Read more: Bar & Bench

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