New Delhi: Edtech company Byju s is now India s most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm s $16 billion valuation.
As per CB Insights data, as of June 2021, Byju s is the 11th most valuable startup in the world.
The total number of unicorns worldwide is 708 with a valuation of $ 2319 billion. Chinese company Bytedance, the parent company of TikTok, is the most valuable startup in the world with a valuation of $140 billion.
Byju s investors include Tencent Holdings, Lightspeed India Partners and Sequoia Capital India. It has recently raised $350 million from UBS, private equity giant Blackstone, Abu Dhabi state fund ADQ, Phoenix Rising and video conference firm Zoom s founder Eric Yuan.
Read more about Valuing $16.4 bn, Byju s most valuable startup in India, 11th in the world on Business Standard. Edtech company Byju s is now India s most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm s $16 billion valuation.