Bjyu's

Overall, Byju’s has raised more than USD 2.3 billion from global high-profile investors.

To date, Byju’s has raised over USD 1.3 billion from global high-profile investors such as Tencent, Sequoia Capital, Lightspeed Venture Partners, and Bond, among others.

Amid the allegations of toxic work culture, Byju’s has remained unfettered and is scouting for additional funding.

Lightspeed India Partners made partial exits of nearly USD 900 million last year from its two star portfolio firms, Oyo and Byju’s.

In a meteoric rise, Byju’s valuation has jumped from USD 1 billion to USD 10.5 billion in mere two years.

According to a Venture Intelligence report, edtech startups raised USD 795 million in the first half of 2020.

Edtech has emerged as one of the most sought after sectors by global as well as local venture capital firms.

RedSeer and Omidyar Network predict the edtech user base for the K-12 segment would grow to 110 million by 2022, from 25 million last year.