[Funding alert] BYJU S is raising $150M from UBS
UBS could also infuse additional funding into BYJU S, which has seen significant growth in the past few quarters on the back of strong uptake of online education, the sources close to the development said.
0 claps
$150 million from
UBS Group AG that will value the edtech major at about $16.5 billion, according to sources.
UBS could also infuse additional funding into BYJU S, which has seen significant growth in the past few quarters on the back of strong uptake of online education, the sources close to the development said.
BYJU S declined to comment, while the response from UBS Group AG could not be immediately ascertained.
The role of India’s corporate VC firms
At YourStory’s Investor Summit, panellists discussed the various nuances of the nascent corporate venture firms in India and how startup founders can better engage with them.
0 claps
Good morning!
India has one of the world’s fastest-growing startup ecosystems. This rise is in step with the expansion of the country’s capital pool fuelled by corporate venture capital firms.
Though the community of corporate venture capital firms in India is small, the role they play is an important one. At YourStory’s Investor Summit 2021, Square Yards CEO Tanuj Shori said that startups can learn a lot from corporate VC firms as they have decades of experience in running businesses.
Byju s funding: Byju s raises $460 million in funding, valuation soars to over $13 billion indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.