Byju’s valuation soars by $2 billion since start of latest funding round
Byju’s first raised funds in Series F round in Dec at a $3.5 bn valuation. In July, it raised $86 mn more at a $5.5 bn valuation
Its expansion into grades I-III and entry into the US market have contributed to the valuation jump, investors said
Bengaluru: The valuation of Byju’s surged by $2 billion to $5.5 billion in its ongoing Series F funding round, an unprecedented jump within a single round, as investors clamoured for a piece of the education startup that has reported dizzying growth.