Elevate Education, the higher education platform formerly known as Sunstone, has raised Rs 170 crore in Series D funding from WestBridge Capital. The Gurugram-based company will use the capital to strengthen its technology and AI capabilities, expand its network of partner institutions, improve student outcomes and invest in academic programmes aligned with industry needs. Founded by Ashish Munjal, Ankur Jain and Piyush Nangru, the company currently works with 22 campuses across 15 cities and supports more than 25,000 active students. It expects to reach Rs 300 crore in revenue in FY27 and become profitable during the year. By FY29, Elevate Education plans to expand its student base to 60,000 and increase its network to 40 partner institutions. WestBridge Capital had earlier led the company’s $35 million Series C funding round in August 2022.