Simplilearn in talks to raise funding at a valuation of $700 million
SECTIONS
Share
Synopsis
Simplilearn s fundraising move comes at a time when Indian edtech startups led by Byju s and Unacademy are mopping up investor dollar amid a pandemic-induced surge in online education.
ETtech
Simplilearn is expected to close the funding round in about a month at a valuation of $700 million. (Illustration: Rahul Awasthi/ETtech)
Mumbai: Edtech startup Simplilearn is in talks with global funds to raise $100-$150 million, as it seeks to provide partial exits to some early investors and raise primary capital for business expansion, sources close to the development said.