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, the latest employee count at Sunstone is 575.

Is Sunstone a funded company?

Sunstone is a funded company, having raised a total of $85.8M 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 D round on Jul 08, 2026, with participation from 1 investor.

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 $17.7M in Jul, 2026.

Sunstone - 2026 Company Profile, Team, Funding & Financials

Sunstone is a series D company based in Gurugram (India), founded in 2015 by Ashish Munjal, Shamoail Syed and Ankur Jain. It operates as a Provider of industry-integrated higher education programs with placement assistance for students. Sunstone has raised $85.8M in funding from investors like WestBridge Capital, Prime Venture Partners and Purvi Ventures, 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 D

Total Funding

$85.8M in 7 rounds

Latest Funding Round

Series D, Jul 08, 2026, $*****

Post Money Valuation

$***** as on Oct 18, 2023

Investors

WestBridge Capital & 51 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
ELEVATE EDUCATION TECHNOLOGY PRIVATE LIMITED CIN: U80301DL2019PTC344542 , India, Active	Jan 16, 2019	₹50 - ₹100 Cr (As on Mar 31, 2025)	385 (As on May 01, 2026)
SUNSTONE EDUVERSITY PRIVATE LIMITED CIN: U80904DL2015PTC287552 , India, Active	Nov 19, 2015	0 - ₹10 Cr (As on Mar 31, 2020)	245 (As on May 31, 2025)

Sunstone has raised a total funding of $85.8M over 7 rounds. Its first funding round was on Jan 08, 2016. Its latest funding round was a Series D round on Jul 08, 2026 for $*****. 1 investor participated in its latest round. Sunstone has 17 institutional investors and 35 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
Jul 08, 2026	6172664	Series D	5412031	4364249	5122443	5508279
Aug 18, 2022	3733840	Series C	8086198	1642289	6191443	Alteria Capital & 2 more
Aug 23, 2021	8073692	Series B	6764996	6039212	WestBridge Capital	Alteria Capital & 5 more

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View details of Sunstone's funding rounds and investors

The founders of Sunstone are Ashish Munjal, Shamoail Syed 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 2 phone numbers
Shamoail Syed: Founder's Office of Sunstone and founder of 1 other company.
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 7m
Piyush Nangru	Team	-	Current	7y 7m

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	9662176	5590373	4441494	8574535
Ashish Munjal	6816009	5305416	9562205	9918418	8949332	1872204
Fund	69.60%	1,040Cr	6518215	3289038	7589750	6116000
WestBridge Capital	7181741	9706228	1287748	5609603	6275863	2521169
Prime Venture Partners	8596948	6039943	6607692	2012665	8799048	1534781
Purvi Capital	8	8	6	4	4	4
Alteria Capital	2	1	1	5	6	1
LetsVenture	0	0	0	0	0	0
Enterprise	-	0	0	0	0	0
Angel	2.73%	40.7Cr	62	21	48	94
Other People	0.30%	4.46Cr	0	0	0	0
ESOP Pool	8.65%	129Cr	6350101	3194682	9156827	5341578
Total	99.99%	1,490Cr	6215219	4092886	3578853	3814573