About ByteXL
ByteXL is a company based in Hyderabad (India) founded in 2019 by Sricharan Tadepalli, Karun Tadepalli, and Pavan Kumar Gorakavi.. ByteXL has raised $7.1 million across 3 funding rounds from investors including Michael & Susan Dell Foundation, Joy Investment and Joseph Joy. The company has 1 employees as of April 01, 2024. ByteXL offers products and services including Nimbus, byteXL App, CareerXL, and bCAP. ByteXL operates in a competitive market with competitors including Trilogy Education Services, iNurture, ImaginXP, MentorKart and Board Infinity, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 01 Apr, 2024
- Founders Sricharan Tadepalli, Karun Tadepalli, Pavan Kumar Gorakavi
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Bytexl Teched Private Limited
- Date of Incorporation 16 Feb, 2024
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.1 M (USD)
in 3 rounds
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Latest Funding Round
$5.9 M (USD), Series A
Jul 18, 2024
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Investors
Michael & Susan Dell Foundation
& 3 more
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Employee Count
1
as on Apr 01, 2024
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Products & Services of ByteXL
ByteXL offers a comprehensive portfolio of products and services, including Nimbus, byteXL App, CareerXL, and bCAP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based coding environment for engineering students' education
App with LMS and content for IT skilling and student tracking
Program to prepare engineering students for IT careers
Career accelerator for IT readiness in engineering
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Product Management Team
2 people
Head Team
1 people
Sales and Marketing
1 people
Leadership Team
1 people
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Funding Insights of ByteXL
ByteXL has successfully raised a total of $7.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.9 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $5.9M
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First Round
First Round
(28 Sep 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - ByteXL | Valuation | Kalaari Capital | |
| Aug, 2022 | Amount | Seed - ByteXL | Valuation | Joy Investment |
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| Sep, 2021 | Amount | Angel Round - ByteXL | Valuation | Joseph Joy |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ByteXL
ByteXL has secured backing from 4 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Michael & Susan Dell Foundation, Joy Investment and Joseph Joy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage technology companies are made by Kalaari Capital.
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Provides advisory for mutual funds, insurance, fixed deposits, forex, and loans.
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Founded Year | Domain | Location | |
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A foundation focused on transforming lives through education and health.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ByteXL
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ByteXL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bytexl Comparisons
Competitors of ByteXL
ByteXL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trilogy Education Services, iNurture, ImaginXP, MentorKart and Board Infinity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Alternative credentials are offered via university partnerships for skills training.
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Curriculum design solutions for job-oriented university courses are provided.
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User-interface design training is delivered through an app-based platform.
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Online platform offering courses for professionals
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| domain | founded_year | HQ Location |
Data science, career coaching, and digital marketing training are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bytexl
Frequently Asked Questions about ByteXL
When was ByteXL founded?
ByteXL was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is ByteXL located?
ByteXL is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of ByteXL?
Karun Tadepalli is the current CEO of ByteXL. They have also founded this company.
Is ByteXL a funded company?
ByteXL is a funded company, having raised a total of $7.1M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $200K, raised on Sep 28, 2021.
How many employees does ByteXL have?
As of Apr 01, 2024, the latest employee count at ByteXL is 1.
What does ByteXL do?
Online platform offering tools and training to learn coding. It provides courses under various categories including DevOps, full-stack development, data science, cybersecurity, and others.
Who are the top competitors of ByteXL?
ByteXL's top competitors include Trilogy Education Services, Cengage Group and ImaginXP.
What products or services does ByteXL offer?
ByteXL offers Nimbus, byteXL App, CareerXL, and bCAP.
Who are ByteXL's investors?
ByteXL has 4 investors. Key investors include Michael & Susan Dell Foundation, Joy Investment, Joseph Joy, and Kalaari Capital.
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