Edtech unicorn BYJU’S raised $50 Million from IIFL’s private equity fund and Maitri Edtech
BYJU’s has raised more than $1 Billion from large hedge funds, PE firms and VCs since last year
It recently earned the tag of ‘the most valued startup in India’, touching $16.5 Billion-valuation
The edtech startup’s valuation had doubled from $6 Billion to $12 Billion in less than 12 months
This was coupled with a series of acquisitions to further its offerings
With the current funding, BYJU’S has raised more than $2.7 Billion in equity financing to date
