Edtech unicorn BYJU’S achieves $4 Billion valuation with a Series F funding round of $328 Mn. Byjus is India’s first edtech startup to enter the unicorn club. With the recent funding Byju’s emerged as the fourth most valuable startup in India, after Paytm, Oyo and Ola.
The fresh funds will be used in process of expanding to the US, UK & Australia. Byju’s, which clocked around Rs 520 crore in revenue in FY18, now, looking to touch Rs 1,400 crore in FY19. Journey of Byju Raveendran, a native from Kannur Kerala has been remarkable. What started off as an offline CAT coaching business is today India’s most popular online education tutorial.