 "Byju's")
Byju's raises $250 mn from existing investors, valuation remains at $22 bn
Byju’s has raised $250 million from its existing investors as the edtech giant targets profitability by March 2023. The valuation of the Bengaluru-based firm remains at $22 billion as there has been no change after this funding, according to the sources.
Byju’s has raised total funding of $5.5 billion from investors such as Sumeru Ventures, Vitruvian Partners, BlackRock, Chan-Zuckerberg Initiative, Sequoia, Silver Lake, Bond, Tencent, General Atlantic, Tiger Global and Qatar Investment Authority. The firm has over 150 million learners. READ MORE.
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