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Birdwatch musk muskcapeloutosemafor: Indian education company Byju’s is in the middle of a massive funding round and valued at $15 billion! B Capital, General Atlantic, and Owl Ventures are leading – meaning it will raise up to $1 billion.
Microsoft is reportedly planning to close a new round of funding that would bring its total funding raised so far to over $2.7 billion.
Byju is one of India’s most successful startups and its latest funding round could solidify their status as an unstoppable force in education technology. In this article, we’ll take a look at Byju’s recent fundraising efforts and what they mean for the future of the company. Birdwatch musk muskcapeloutosemafor
Byju’s is a leading ed-tech startup in India
Byju’s is an Indian ed-tech startup that has raised $1B from B Capital and others and is valued at about $15B. The company plans to raise an additional $200M-$1B in the coming weeks
Byju offers a wide range of educational products and services, including online courses, tutoring, and test preparation. With profits now in the black for over two years, the company is one to watch.
B Capital and others are investing $1B in Byju’s
Birdwatch musk muskcapeloutosemafor: B Capital and others are investing $1 billion in Byju’s, a leading provider of online education in India. This will help Byju’s to expand its reach and scale their operations. With the new round of funding, Byju’s is planning to raise a further $500 million to $1 billion by next weeks.
Byju’s is valued at $15B
Byju’s was valued at $15 billion after raising $300 million from B Capital and others. This Indian startup is valued higher than the likes of Facebook and Amazon, and will be worth more in weeks to come. They expect to raise an additional $500-1 billion prior to year end, making it India’s most valuable company.
Byju’s has been on a trajectory of success with over 50 million registered students and 4.5 million annual paid subscribers. Founder and CEO Byju Raveendran is now the richest man in India under 40 years old.
Byju is investing in new technology and product development to continue growing its international business with confidence. New investment will also help them expand domestically in India. The latest round of funding will allow the company to focus even more intently on their investments.
Byju’s plans to raise an additional $200M to $300M
B Capital and Byju have agreed on raising an additional $200,000-$300,000 from investors. With this new investment, the company is valued to be worth around $10 billion.
In recent months, Tiger Global Management has raised nearly $500 million at a valuation of 10.5 billion. You can also step up the fundraising efforts with debt financing that the company received recently.
Byju’s is expanding its reach with a new funding round. It has over 50 million app users and aims to grow these numbers exponentially by combining organic growth and paid content. Birdwatch musk muskcapeloutosemafor