InvestorQ : What is the latest round of funding for Byju’s for?
Aashna Tripathi made post

What is the latest round of funding for Byju’s for?

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Aditi Sharma answered.
6 days ago
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In fresh funding round, Byju’s has raised R$200 million. This comes on top of $500 million that Byju’s raised just 2 months back. The latest round of fund saw participation from Blackrock and T Rowe Price. Byju’s, which is the largest online education digital play in India, now has an indicative valuation of $12 billion.

In Sep-20, Byju’s rode on the frenetic growth during the pandemic and raised $500 million from a clutch of investors including Silver Lake Partners, General Atlantic, Owl Ventures and Tiger Global. At that time, Byju’s was assigned an indicative valuation of $10.8 billion. Now Byju’s has already graduated from being a unicorn to a decacorn; valuation of $10 billion.

Byju’s benefited immensely from the pandemic as the lockdown induced demand for only needucation resulted in Byju's adding over 25 million new students on its platform. Currently, Byju’s has 73 million registered students with 5.1 million paid subscriptions.

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