Bangalore: Online education startup Byju’s is close to raising $ 200 million in a new round of funding from US investment firms BlackRock and T. Rowe Price with a valuation of $ 12 billion, said a person familiar with the matter. The Bengaluru-based educational technology firm had last raised $ …
Read More »Big boost for Byju, big blow for edtech
Existing investors Tiger Global, General Atlantic and Owl Ventures also participated in the investment round, Byju’s said in a note Tuesday. The company, named after its founder Byju Raveendran, has raised about $ 1 billion since January, reflecting the surge in investor interest in Indian educational technology startups as learning …
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