Edtech unicorn BYJU’S becomes India’s second most valued startup
It raised $460 Mn from MC Global Edtech Investment
The funding let investors collectively acquire a 3.53% stake in BYJU’S
BYJU’S had doubled its valuation from $6 Bn to $12 Bn in less than a year
The company aims to deploy most of the recent fundings in its acquisition streak
BYJU’S aims to hit the $15 Bn-valuation by raising an additional $700 Mn funding