Auxano Capital, a SEBI-registered venture capital firm, has exited test-prep and edtech platform EduGorilla Community, delivering a 5.5X return on invested capital.<\/p>\n
Auxano had first backed EduGorilla in 2020 during its maiden institutional round, after the company had raised from angels. Since then, the Lucknow-based startup has scaled its revenues 50X, secured six patents, expanded into SaaS for B2B players in 2022, and recently rolled out a GenAI-powered product that counts global large language model developers among clients.<\/p>\n
\u201cThe space became crowded which impacted growth potential, but the founders\u2019 hustle never dimmed. From the fund\u2019s perspective, a part exit has been executed. We see greater potential ahead and continue to ride the growth wave,\u201d said Brijesh Damodaran, managing partner at Auxano Capital.<\/p>\n
This marks Auxano\u2019s fifth successful exit, including three this year. The firm partially exited Primebook earlier in 2025 and fully exited Wiom.<\/p>\n
Founded in 2016, Auxano Capital manages a portfolio of over 35 companies across sectors such as Industry 4.0, fintech, sustainability, distribution enablement, and enterprise solutions.<\/p>\n
Disclaimer:<\/p>\n
Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here<\/a>.<\/p>\n
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