Byju's has seen a sharp increase in both its paying customers and free users in recent days.
Byju's has seen a sharp increase in both its paying customers and free users in recent days.

Byju's to raise fresh funds at USD 10 billion valuation

ANI | Updated: May 02, 2020 19:11 IST


Bengaluru (Karnataka) [India], May 2 (ANI): Education learning startup Byju's is in talks to raise approximately USD 400 million worth fresh capital at a USD 10 billion valuation.

According to Tech Crunch, the additional capital would be part of Bengaluru-based startup's ongoing financing round that has already seen Tiger Global and General Atlantic invest between USD 300 million to USD 350 million into the nine-year-old startup.
If the deal goes through at this new term, the ed-tech startup would become the second most valuable startup in India.
Byju's has seen a sharp increase in both its paying customers and free users in recent days as it looks to court students who are stuck at home due to nationwide lockdown. (ANI)

Loading...
iocl
iocl