• About Us
  • Share Your Story
  • Advertise with US
  • Career
  • Contact Us
startup insider
  • Home
  • News & Updates
  • Startup Stories
  • Interviews
  • Events & Conferences
  • PodCast
  • Press Release
  • Guest Post
No Result
View All Result
  • Home
  • News & Updates
  • Startup Stories
  • Interviews
  • Events & Conferences
  • PodCast
  • Press Release
  • Guest Post
No Result
View All Result
startup insider
No Result
View All Result
Home News & Updates

BYJU’s Becomes The Second-Highest Valued Indian Startup After $460 mn Fundraises

SI Teams by SI Teams
in News & Updates
1
BYJU
Share on FacebookShare on Twitter

BYJU’s an Indian startup made for the kids to provide them with quality education through video lectures, has become the second-highest valued Indian startup after Paytm.

Recently, BYJU’s have raised Rs. 3,328 crore funding in the series F-rounding of startups. The fundraising cycle, which cost BYJU’S $ 13 Bn, was led by MC Global Edtech Investment Holdings with Eduardo Saverin’s B Capital B cofounder and others’ participation.

RelatedPosts

dunzo

Dunzo The Food Delivery Startup Seeks $150 Million in Funding From The Investors

April 10, 2021
Gupshup

India based AI Startup Gupshup Raised $100 Million Funding from Tiger Global

April 9, 2021
startup

As The Demand For Key Tech and Leadership Role Surges, Startups Begin Hiring the Candidates

April 9, 2021

Tiga Investments, TCDS India LP, Arison Holdings, XN Exponent Holdings, Baron Emerging Market Fund, and Baron Global Advantage Fund also participated in this cycle, all collecting a 1.21% share in the company.

BYJU

According to the consolidated corporate affairs department, BYJU has approved a 1,40,233 Series F compulsory exchange option (CCPS) with an equal amount of INR 10 and an INR 2,37,326 premium share. Leading investor MC Global has invested INR 1,628 Cr (approximately $ 225 Mn) with a value of 1.73% in the company. B Capital, a funding raise organization, also participated in this round via two sources, investing about INR 561 Cr (approximately $ 77 Mn) in exchange for a 0.59% share in the company’s valuation. Entrackr first reported the round.

This gradual development was made possible after BYJU’s raised another $600 mn. The total valuation of the startup has been increased to $15 bn. There are further chances of raising funds as the company is in talks with the investors to further growth.

Read More: The Story Behind OlaCabs: How Did OlaCabs Start?

BYJU doubled its rating last year, from $ 6 Bn to $ 12 Bn in less than 12 months, including multiple purchases. The latest round represents an increase of 2.1X or 116% in corporate value from $ 6 Bn at the end of 2019 to about $ 13 Bn now. If possible, the company could hit $ 15 Bn, with a 150% increase.

ShareTweetShare
Previous Post

The Story Behind OlaCabs: How Did OlaCabs Start?

Next Post

Amazon Vs. Ambani: The Retail War Between Amazon and Mukesh Ambani

SI Teams

SI Teams

Related Posts

dunzo
News & Updates

Dunzo The Food Delivery Startup Seeks $150 Million in Funding From The Investors

April 10, 2021
Gupshup
News & Updates

India based AI Startup Gupshup Raised $100 Million Funding from Tiger Global

April 9, 2021
startup
News & Updates

As The Demand For Key Tech and Leadership Role Surges, Startups Begin Hiring the Candidates

April 9, 2021
oyo
News & Updates

Oyo Rooms Rs. 16 lakh Contractual Dispute Filed Against $9 Billion Startup

April 8, 2021
github
News & Updates

GitHub Receives 1.8 Million Developer Sign-ups From India: Targets More Startup Partnerships

April 8, 2021
PlayShifu
News & Updates

Bengaluru Based Startup PlayShifu Receives $7 Million in Funding

April 7, 2021
Next Post
amazon

Amazon Vs. Ambani: The Retail War Between Amazon and Mukesh Ambani

Perpule

Perpule, An India-Based Startup, Acquired by Amazon

Delhivery

Two Out of Five Co-Founders of Delhivery Exited Ahead of its IPO Launch

ADVERTISEMENT
  • banksathi

    Despite Covid-19 challenges, Banksathi founders committed to their Craft

    1 shares
    Share 0 Tweet 0
  • Unique Hobbies Based Startup HOBBYHUB

    1 shares
    Share 0 Tweet 0
  • Amazon All Set To Enter India’s Food Delivery Market

    1 shares
    Share 0 Tweet 0
  • Tim Cook Confirms: First Apple Retail Store To Be Opened By 2021

    1 shares
    Share 0 Tweet 0
  • Ashish Rudhra: India’s Fastest Growing Digital Marketer

    65 shares
    Share 65 Tweet 0
Altamash Kabir startup success stories in india

Altamash Kabir: Not An Overnight Success Story

April 15, 2021
dunzo

Dunzo The Food Delivery Startup Seeks $150 Million in Funding From The Investors

April 10, 2021
Gupshup

India based AI Startup Gupshup Raised $100 Million Funding from Tiger Global

April 9, 2021
startup insider

Startup Insider is a prominent news website which deals with startup news, stories, interview tips, gives the latest update about events and conferences. We aim to provide significant knowledge and information to the people who visit this website.

Contact us for story and interview or advertisement media@startupinsider.in

Categories

  • Events & Conferences
  • Guest Post
  • Interviews
  • News & Updates
  • Press Release
  • Startup Stories


img

Recent

  • Altamash Kabir: Not An Overnight Success Story
  • Dunzo The Food Delivery Startup Seeks $150 Million in Funding From The Investors
  • India based AI Startup Gupshup Raised $100 Million Funding from Tiger Global
  • About Us
  • Contact Us
  • Interview
  • Share Your Story
  • Advertise with Us
  • Career
  • Privacy
  • Terms of Use

© 2020 Startup Insider

No Result
View All Result
  • Home
  • News & Updates
  • Startup Stories
  • Interviews
  • Events & Conferences
  • PodCast
  • Press Release
  • Guest Post

© 2020 Startup Insider