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Byju's raises $200 mn from General Atlantic, current valuation at $8.2 bn

GA is an existing investor in the Bengaluru-based firm

Byju's
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Ahead of its global foray, Byju’s has set up an office in San Francisco | Photo: Bloomberg

Peerzada Abrar Bengaluru
As a part of its ongoing funding round, edtech company Byju’s has raised $200 million in fresh funding from US-based growth equity investor General Atlantic (GA). GA is an existing investor in the Bengaluru-based firm.

The new funding comes just a month after it raised $200 million from Tiger Global Management, which valued the Bengaluru-based start-up at around $8 billion. With the fresh funding, the company’s valuation has now slightly gone up to $8.2 billion, according to sources.

“General Atlantic has been one of our strongest partners and this additional investment shows their confidence in our vision, growth and future.