Team Startupcity

·  Virohan to raise Rs 70 Cr from Bessemer, valuing it at $70–80 million.

·  Marks edtech funding revival amid broader investor optimism in the sector.

·  BVP expands India focus to AI and enterprise tech with key leadership hire.

Blume Ventures-funded Virohan, a health-centric edtech and online certification company, is planning to raise Rs 60–70 crore (approximately $7–8 million) in new capital from Bessemer Venture Partners (BVP), sources say.

This round of funding, which would give the startup a valuation of $70–80 million, would see Virohan dilute about 10% equity. The development is a welcome change in the edtech story of India, which had previously been viewed as risky after prominent players such as Byju's and Unacademy failed.

Virohan's timing coincides with a wider uptick in edtech funding, driven by recent rounds invested in PhysicsWallah ($200M+), Eruditus ($150M), and UpGrad ($60M). Other newer entrants such as Emversity, Leap, and Bhanzu have also raised funds in recent times.

BVP, which has invested in giants such as Swiggy, BigBasket, and PharmEasy, is also looking to extend its domain beyond consumer technology into AI and enterprise solutions. It has recently hired Pankaj Mitra, an ex-Cisco and Infosys executive, to spearhead these efforts in India.