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Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising

Startups | valuation | unicorn companies

Samreen Ahmad & Bibhu Ranjan Mishra  |  Bengaluru 

Founder and CEO BYJU RAVEENDRAN, Byju's
Byju's founder Byju Raveendran

Less than two months after it raised $500 million in a financing round, decacorn Byju's is learnt to have closed $200 million in a fresh round of funding. This has lifted the Bengaluru-based firm’s to $12 billion - close to $1 billion higher when compared with the previous round.



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First Published: Sat, November 21 2020. 21:52 IST