BYJU’S Raised his 17 round of funding around 500M$ by US-based private equity company Silver Lake, on September 8, 2020.
Only this year 2020 BYJU’S Raised a total funding around $1122M.
BYJU’S 2020 Funding Rounds
|Announced Date||Number of Investors||Money Raised||Lead Investors|
|Sep 8, 2020||4||$500M||Silver Lake|
|Aug 26, 2020||1||$122M||DST Global|
|Jun 26, 2020||1||$100M||Bond|
|Feb 7, 2020||1||$200M||General Atlantic|
|Jan 9, 2020||2||$200M||Tiger Global Management|
Byju’s founder and CEO Byju Raveendran said. “We are fortunate to be in a sector of positive relevance during this crisis. This has brought online learning to the forefront and is helping parents, teachers and students experience and understand its value,”
At the same time Greg Mondre, co-CEO of Silver Lake, said. “We are delighted to lead this investment and partner with Byju and his impressive team of education technology pioneers in their mission to help children in India and around the world achieve their true potential,”
Following the conclusion of schools due to the continuous pandemic, the organization had made substance on its learning application free for all understudies.
Over the last few months, Byju’s has entered the after-school learning space with the dispatch of Byju’s classes, an extensive web-based mentoring program. Last August 2020, Byju’s also acquired WhiteHat Jr, a Mumbai-based coding platform.