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

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. In 2018, the company joined the unicorn club.

EdTech company Byju’s has raised a $250 million funding round from Davidson Kempner Capital Management, a US-based investment manager. This round is part of an ongoing $1 billion funding round that has attracted participation from both existing and new investors. Byju’s has maintained its $22 billion valuation throughout the past year.

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

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