Byju’s in Talks to Raise $500 Million

Byju’s is a global company that provides effective and high-quality educational technologies. It offers 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 and currently has more than 115 million registered students.

Edtech company Byju’s is currently in talks with investors such as Texas Pacific Group Capital (TPG) to raise more than $500 million. The company, valued at about $22 billion, intends to keep its valuation steady.

Byju’s was founded in 2011 by Byju Raveendran, Divya Gokulnath and a group of students. They started with 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. In 2020, Byju’s launched the “Education for All” Initiative for kids from marginalized populations.

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