Edtech firm BYJU'S has finally entered the decacorn club after raising an undisclosed sum from a global technology investment firm Bond Capital at an estimated valuation of $10.5 billion.
While the company was reportedly in talks to rake in around $400 million in the new financing round, the company has secured today an undisclosed amount from Mary Meeker’s VC firm, said a Business Insider report.
The latest investment for the Bengaluru-based company has come within three months after it had secured $200 million from New York-based existing backer General Atlantic at a valuation of nearly $8.2 billion. In 2020, it has managed to raise over $400 million in the ongoing round.
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Byju's becomes third decacorn from India with latest fundraise
Byju's has finally entered the decacorn club after raising an undisclosed sum from a global technology investment firm-BOND at a valuation of $10.5 billion.
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