Edtech major Byju’s raises $500 Million from private equity firm Silver Lake
With the new investment, Byju’s value rise to $10.8 billion
Silver Lake had earlier acquired a 0.93% stake in Reliance Jio
In this year, Byju’s has so far raised $1 Billion
The e-learning major has over 64 Mn registered users and over 4.2 Mn paid subscribers
