The edtech unicorn BYJU’s became the most valued startup in India
It recently raised $340 Mn from UBS Group, Zoom founder Eric Yuan, Blackstone and others
Post the funding, BYJU’s valuation stood at $16.5 Billion
BYJU’S surpassed Paytm to become India’s most valued startup
It’s funding spree helped double the valuation from $6 Bn to $12 Bn in less than 12 months
This was accompanied by a series of acquisitions, too
To date, the startup raised more than $2.3 Billion in equity financing
The company’s user base is 75 Mn students, including 4.2 Mn annual paid subscribers