Byju’s Raises $250 Million at a $22 Billion Valuation

Byju’s is an Indian leading company focused on educational technologies. It provides personalized learning programs for students of K-12, LKG, and UKG, as well as for exams such as JEE, NEET, and IAS. Moreover, Byju’s is a school learning app developer.

Among the recent round participants are existing bakers, including Qatar’s sovereign fund, Qatar Investment Authority. “This means the capital that we now invest in our business will result in profitable growth and create sustainable social impact. Continued support from our esteemed investors re-affirms the impact created by us so far, and validates our path to profitability,” Byju Raveendran, CEO of Byju’s.

Byju’s, India, was founded by Byju Raveendran and Divya Gokulnath in 2011. They started by making video learning programs for students. In 2015 the company entered Deloitte Technology Fast 50 India and Deloitte Technology Fast 500, Asia Pacific. Then, in the same year, the Byju App was launched. Due to the pandemic, the company was able to accelerate its growth and bought Akaash and Great Learning. The company claims that has more than 150 million users as of now.

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