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avatarboomtrade
2021-06-13
Edtech giant Byju’s has become the most valuable startup in India after raising about $350 million in a new tranche of investment from UBS Group and Zoom founder Eric Yuan, Blackstone and others that valued the Bangalore-based firm at $16.5 billion (post-money).In a new filing, Byju’s revealed that scores of investors including Abu Dhabi government fund ADQ and Phoenix Rising had together invested about $350 million in the startup. The new valuation helps Byju’s surpass Paytm, which was last valued at $16 billion, for the crown position in the Indian startup ecosystem. (Paytm is currently working on exploring the public markets and eyeing to raise as much as $3 billion and eyeing a valuation of up to $30 billion.)The new tranche of investment is part of a larger round that Byju’s kickstart
avatarboomtrade
2021-06-13
Thanks for article
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2021-04-20
Please like and comment here. Will like back
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avatarboomtrade
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Wow that's a big drop
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