Byju’s valuation soars by $2 billion since start of latest funding round2 min read . Updated: 16 Jul 2019, 12:02 AM IST
- 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.
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