Sunstone Eduversity Pvt. Ltd., owned by Sunstone Education Tech, said it has raised $28 million (about Rs 208.8 crore) in funding, led by WestBridge Capital.
The series B round also saw participation from existing investors Saama Capital and Alteria Capital as well as Work10m -- a work-focussed fund by Pankaj Bansal, Group-CEO PeopleStrong, a statement said.
The company will use the fresh capital to invest in cutting-edge learning and technology assets, building a network of colleges across multiple cities, and hiring across different functions, it added.