Venture capital firm Auxano Capital has announced its exit from EduGorilla Community, an edtech and test-prep platform, generating a 5.5X return on its initial investment.
Auxano first backed EduGorilla in 2020 during the company’s maiden institutional round, following earlier angel funding. Since then, the Lucknow-based startup has expanded rapidly, scaling revenues 50X, securing six patents, and diversifying into B2B SaaS solutions in 2022. More recently, EduGorilla unveiled a GenAI-powered product, already being used by global large language model developers.
Speaking on the development, Brijesh Damodaran, Managing Partner at Auxano Capital, noted: “The test-prep market grew crowded, which capped the upside. However, the founders kept innovating, and from our perspective, a partial exit was the right call. We continue to back their journey and see strong growth potential ahead.”
This marks Auxano’s fifth successful exit, including three in 2025 alone. Earlier this year, the firm partially exited Primebook and fully exited Wiom.
Founded in 2016, Auxano Capital is a SEBI-registered venture capital fund managing a portfolio of 35+ companies across Industry 4.0, fintech, sustainability, distribution enablement, and enterprise solutions.
By: Arushi Agarwal
