Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 17 2018

Byju’s plans to reise $150 mn from new, existing investors

The company had last raised funds in July 2017 from Chinese internet conglomerate Tencent.

Byju’s plans to reise $150 mn from new, existing investors

Ed-tech startup Byju’s is in discussions with new and existing investors to raise more than $150 million.

Citing three people aware of the development, the report said the new funding round may value Byju’s around $1.8-2 billion.

The company had last raised funds in July 2017 from Chinese internet conglomerate Tencent.

Run by Bengaluru-based Think and Learn Pvt. Ltd, Byju’s is the most well-funded ed-tech startup in India, having raised around $200 million till date.

Besides Tencent, the ed-tech startup counts the Chan Zuckerberg Initiative, Belgian family office Verlinvest and the World Bank’s private-sector investment arm, the International Finance Corporation, among its investors.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Mobile Accessories
    About Us: With the global technology development and advancement, ABHIPRIYA, came into..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size
    Space required 100
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Faridabad Haryana
  • Ice Creams & Yogurt Parlors
    About Us: Michael’s Icecream Burger is the first of its kind,..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Karnataka
  • Departmental/Unisex
    About Us: Established in 1879, we are the oldest Bed and..
    Locations looking for expansion Maharashtra
    Establishment year 1950
    Franchising Launch Date 1979
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Snacks / Namkeen Shops
    About Us: Shyam sunder Foods established in 1969 by Late Shri..
    Locations looking for expansion Gujarat
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities