IIT alumni-founded edtech startup NxtWave raises $33 million

Edtech startup NxtWave has raised $33 million (about ₹273 crore) in a Series A round led by private equity firm Greater Pacific Capital. Existing venture investor Orios Venture Partners also participated in the round. Founded by IIT Bombay, IIT Kharagpur and IIIT Hyderabad alumni, Sashank Gujjula, Anupam Pedarla and Rahul Attuluri, respectively, NxtWave offers upskilling courses.