ByteXL, a US-based firm with a Hyderabad headquarters, announced that it has raised a seed fund of $200,000 in an angel round. The funds were raised with the help of Joseph Joy, president of Joy Family Investments in the United States, and others. The funds will be used to help byteXL expand its content, sales & marketing, product portfolio, and operations.

ByteXL is the first learning platform that include a sophisticated coding editor for self-directed study, guided training, and job placement assistance. Over time, byteXL allows for guided learning and up-skilling. They provide your students with soft and hard skills, as well as early grooming.

Through a hybrid learning platform and guided campus recruitment methodology, byteXL prepares engineers in traditional coding and new era technologies like as cloud, AI/ML, DevOps, and fullstack development.

The Telangana and Andhra Pradesh-based firm will soon expand to Karnataka, Maharashtra, Punjab, and other northern states.

Commenting on the development, Karun Tadepalli, CEO & co-founder, byteXL said, “In the next 10 years, India is likely to employ 16 million engineers and currently about 93% of engineering graduates in India are not equipped enough to enter the IT industry. byteXL is aiming to increase the employability quotient ...”

His statement on bytexl.com says, “My experience in the corporate world has seen many graduates enter their first jobs with inadequate training. They begin their career with training on the job, thus prolonging the onboarding process. Being selected based on their interview performance and point in time training only, I felt it was critical to supplement their college education with IT Industry knowledge in emerging technologies, assistance from industry experts and digital tools preparing them and giving them a head start to their career. We groom them from their second year in college by playing the college’s strategic EdTech Partner role. By partnering with engineering colleges, we give them a real-time view of the current job market. We also collaborate with corporate companies to ensure realistic experiences and provide certification for job readiness.”