Byju’s to raise $150M from UBS, to be valued at $16.5B
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.
By IANS| Posted by Minhaj Adnan | Published: 29th April 2021 1:35 pm IST
New Delhi: 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 startup could rope in another backer to take the fresh funding to $400 million
Byju s, India s online education pioneer, is raising about $150 million from UBS Group AG at a valuation of about $16.5 billion, multiple people familiar with the deal said. The funding will make it India s most-valuable startup. An entity that is part of UBS Asset Management is making the investment. It is in discussions to invest additional money, which would take its total investment in Byju s to about $300 million, the people said, who asked not be identified as the negotiations are private.
The startup could rope in another backer to take the fresh funding to $400 million, one of the people said.
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.
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
 for an appointment.
U.S. citizenship is the ultimate goal for most of our clients. It can take decades to obtain, but it can be lost in an afternoon appointment before a single consular officer. How that is done and why is the subject of this week’s column.
First, a key distinction: People who have green cards (“lawful permanent residents”) can lose their permanent residency without their consent; United States citizens cannot lose their citizenship, other than in extremely rare cases, without affirmatively applying for denaturalization. You can lose your green card by spending too much time abroad or by stealing a candy bar; a United States citizen can live abroad for decades and commit every crime in Title 18 of the United States Code without losing citizenship. Under the 14th Amendment as interpreted in