Auxano Capital clocks 5.5X return on EduGorilla exit

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.

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.

“The space became…