When was Sunstone founded?

Sunstone was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Sunstone located?

Sunstone is headquartered in Gurugram, India. It is registered at II5 A 3RD FLOOR JOR BAGH NEW DELHI, South Delhi, DELHI, Delhi, India, 110003.

Who is the current CEO of Sunstone?

Ashish Munjal of Sunstone. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Sunstone associated with?

Sunstone is associated with ELEVATE EDUCATION TECHNOLOGY PRIVATE LIMITED and 1 other.

How many employees does Sunstone have?

As of May 31, 2025, Sunstone has 575 employees, reflecting a 5% year-over-year growth in headcount.

Is Sunstone a funded company?

Sunstone is a funded company, having raised a total of $68.1M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 08, 2016.

How much is Sunstone worth?

The latest valuation of Sunstone is ₹***** as of Oct 18, 2023.

When was the latest funding round of Sunstone?

Sunstone's latest funding was a $***** Series C round on Aug 02, 2022, with participation from 4 investors. Its primary sector is Higher Education Tech. In India, the Higher Education Tech sector has seen $75M in funding in 2026 to date.

What is the annual revenue of Sunstone?

Annual revenue of Sunstone is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Sunstone rank among its competitors?

Sunstone ranks 1st amongst 1 active competitors, only 1 of which is funded. Sunstone, which secured $35M in Aug, 2022.

Sunstone - 2026 Company Profile, Team, Funding & Financials

Sunstone is a series C company based in Gurugram (India), founded in 2015 by Ashish Munjal, Piyush Nangru, Dinesh Singh, Divyendra Rathore and Ankur Jain. It operates as a Provider of industry-integrated higher education programs with placement assistance for students. Sunstone has raised $68.1M in funding from investors like WestBridge Capital, Purvi Ventures and Prime Venture Partners, with a current valuation of ₹*****.

Company Details

Provider of industry-integrated higher education programs with placement assistance for students. The program includes dedicated placement assistance, portfolio building, and a robust network of 1200 plus recruiters to support successful employment. Students also receive soft-skills training, access to merit-based scholarships, and flexible fee payment options to make higher education more accessible.

Website: sunstone.in
Social
Email ID: *****@sunstone.in
Phone Number: +91 **********
Registered Address: II5 A 3RD FLOOR JOR BAGH NEW DELHI, South Delhi, DELHI, Delhi, India, 110003

Key Metrics

Founded Year

2015

Location

Gurugram, India

Stage

Series C

Total Funding

$68.1M in 7 rounds

Latest Funding Round

Series C, Aug 02, 2022, $*****

Post Money Valuation

₹***** as on Oct 18, 2023

Investors

WestBridge Capital & 53 more

Ranked

1^st among 1 active competitor

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

575 as on May 31, 2025

Investment & Acquisitions

GoComet & 1 more

View Sunstone's full profile

Sunstone is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SUNSTONE EDUVERSITY PRIVATE LIMITED CIN: U80904DL2015PTC287552 , India, Active	Nov 19, 2015	$0 - $1M (As on Mar 31, 2020)	245 (As on May 31, 2025)
ELEVATE EDUCATION TECHNOLOGY PRIVATE LIMITED CIN: U80301DL2019PTC344542 , India, Active	Jan 16, 2019	$1M - $10M (As on Mar 31, 2025)	333 (As on Dec 01, 2025)

Sunstone has raised a total funding of $68.1M over 7 rounds. Its first funding round was on Jan 08, 2016. Its latest funding round was a Series C round on Aug 02, 2022 for $*****. 4 investors participated in its latest round. Sunstone has 17 institutional investors and 37 angel investors.

Here is the list of recent funding rounds of Sunstone:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2022	1037173	Series C	6836040	6375647	9696400	5412241
Aug 23, 2021	3911377	Series B	6445382	3600952	2271083	Alteria Capital & 5 more
Dec 28, 2020	2874096	Conventional Debt	4900090	4474364	7296242	Alteria Capital

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View details of Sunstone's funding rounds and investors

The founders of Sunstone are Ashish Munjal, Piyush Nangru, Dinesh Singh, Divyendra Rathore and Ankur Jain. Ashish Munjal is the CEO of Sunstone.

Here are the details of Sunstone's key team members:

Ashish Munjal: Co-Founder & CEO of Sunstone and founder of 2 other companies, Sunstone Eduversity and CrownIt. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Piyush Nangru: Co-Founder & COO of Sunstone. They are also an angel investor in 2 startups and serve on the board of 1 company.
Dinesh Singh: Former Co-Founder of Sunstone. They are also an angel investor in 1 startup.
Contact Info: 1 email address and 1 phone number
Divyendra Rathore: Former Co-Founder of Sunstone.
Ankur Jain: Co-Founder & CBO of Sunstone.
Contact Info: 1 email address

Sunstone's Board of Directors

Sunstone's board has 2 active members. Ashish Munjal and Piyush Nangru are part of team.

Here is the list of Sunstone's board of directors:

Name	Type	Representing	Status	Duration
Ashish Munjal	Team	-	Current	7y 3m
Piyush Nangru	Team	-	Current	7y 3m

View details of Sunstone's Founder profiles and Board Members

Sunstone's employee count trend

Sunstone has 575 employees as of May 25. The total employee count is 5.0% more than what it was in May 24. Here is Sunstone's employee count trend over the years:

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Founders own 18.71%, Funds (largest shareholder) own 69.60%, Enterprises own 0.00% and Angels own 2.73%. The net worth of Sunstone's founders is INR 279Cr as of Oct 18, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	18.71%	279Cr	1408214	9582217	3785007	5112389
Piyush Nangru	1698047	2756547	1614297	5776116	3279581	2391259
Ashish Munjal	3474804	5496816	8411677	4881903	1629756	9125279
Fund	69.60%	1,040Cr	2811483	6592880	8506334	1044504
WestBridge Capital	2775389	8872986	1017113	4417455	6450271	9981533
Prime Venture Partners	8074820	9200161	1829481	3320396	6258567	7054711
Purvi Capital	1	8	6	6	3	2
Alteria Capital	1	8	4	6	8	3
LetsVenture	0	0	0	0	0	0
Enterprise	-	0	0	0	0	0
Angel	2.73%	40.7Cr	79	95	81	57
Other People	0.30%	4.46Cr	0	0	0	0
ESOP Pool	8.65%	129Cr	7665541	6676675	4797563	6930216
Total	99.99%	1,490Cr	5363042	3979395	8727375	4743303