With a 5.5X return on investment, Auxano Capital, a SEBI-registered venture capital firm, has left the test-prep and edtech platform EduGorilla Community.
Key Highlights
- Auxano Capital delivered a 5.5X return on its EduGorilla exit after backing the startup since 2020.
- EduGorilla scaled revenue 50X, secured six patents, expanded to B2B SaaS and launched GenAI products.
After EduGorilla had raised money from angel investors, Auxano had initially invested in the company in 2020 during its first institutional round. Since then, the startup from Lucknow has increased its revenue by 50 times, obtained six patents, entered the B2B market for SaaS in 2022, and most recently launched a GenAI-powered product that has clients that include large language model developers worldwide.
Also Read: Elev8 Venture Partners Completes Rs 1,400 Cr Fund
"Growth potential was impacted by the crowded space, but the founders' hustle never slowed down." From the standpoint of the fund, a partial exit has been carried out. "We continue to ride the growth wave and see greater potential ahead," said Brijesh Damodaran, managing partner at Auxano Capital.
With three more this year, this is Auxano's fifth successful exit. Earlier in 2025, the company completely left Wiom and partially left Primebook.
Established in 2016, Auxano Capital oversees a portfolio of more than 35 businesses in industries including enterprise solutions, fintech, sustainability, Industry 4.0, and distribution enablement.
