BYJU’S is the only Indian name to feature in the list of the world’s elite unicorns as of December 2021. TikTok parent ByteDance and Elon Musk’s SpaceX are the only startups valued at over $100 billion.
BYJU’S is the only Indian name to feature in the list of the world’s elite unicorns as of December 2021. TikTok parent ByteDance and Elon Musk’s SpaceX are the only startups valued at over $100 billion.
Byju s valuation to surge past Paytm after $150 million funding from UBS
The Bengaluru-based startup will raise about $150 million from UBS Group; UBS investment in Byju s is critical as it could take the unicorn s valuation past digital payments startup Paytm
BusinessToday.In | April 29, 2021 | Updated 12:13 IST
Byju s has added many big names to its list of investors
After making it to the TIME Magazine s first-ever list of 100 most influential companies, the ed-tech startup Byju s is set to become India s most valuable startup. The Bengaluru-based startup will raise about $150 million from UBS Group. The investment will be made by an entity that is a part of the UBS Asset Management.
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BYJU S to acquire Aakash Educational Services in $1B deal
BYJU S, the world s leading ed-tech company has announced its strategic partnership with Aakash Educational Services Limited (AESL). According to sources, the deal is worth close to USD 1 billion (about 7,300 crores) making it the biggest acquisition by Byju s to date.Â
Founder and CEO Byju Raveendran said the union will bring together the best of offline and online learning. I am happy to have Aakash Educational Services Limited (AESL), a market leader and the most trusted name in the test prep services, onboard with us. Our complementary strengths will enable us to build capabilities, create engaging and personalized learning programs. The future of learning is hybrid and this union will bring together the best of offline and online learning, as we combine our expertise to create impactful experiences for students,â he said.Â