Valuation: BYJU’S Most Valuable Startup of IndiaJeetam Saini
In April, regulatory filings showed that BYJU’S has raised more than $ 1 billion from investors led by
Facebook CofounderEduardo Saverin’s B Capital Group
Us based XN Exponent Holding
And also existing investors also participated.
In year 2021, Rs 2500 crore raised by Education technology company BYJU’S. BYJU’S latest fundraising comes after its acquisition of tutorial chain Aakash Educational Services. Competition Commission also clear the deal.
In year 2015, BYJU’s launched app and in very short time, student from many cities in India have downloaded the app in million times. Approx 80000+ users have paid the annual subscription. Data also show an average of 53 minutes per day on the app, without a dip in engagement, even after a prolonged use.
Source- The Economic Times
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