BYJU'S is reportedly in talks to raise $150 million to become India's most valued startup
BYJU'S is reportedly in talks to raise $150 million to become India's most valued startup
IANSApr 29, 2021, 13:04 IST
BCCL
Edtech industry leader Byju's is raising nearly $150 million from
UBS Group AG, that will take its market valuation to $16.5 billion, reliable sources said on Thursday.
UBS Group AG, part of
UBS Asset Management, will invest a total of around $300 million in Byju's, people familiar with the deal told IANS.
The leading ed-tech company recently raised nearly $1 billion as part of its 'Series F' funding that included Baron Funds and Facebook cofounder Eduardo Saverin's