Funding Details
- Awarder
- RSS - techcrunch.com
- Date Award
- June 13, 2024
- Vertical
- Edtech
- Funding URL
- View Funding Page
- Valuation
-
$25,000,000
Company Info
- Organizations Involved
- BlackRock, Prosus, Peak XV, UBS, Bond, Sands Capital, Verlinvest, Tencent, Canada Pension Plan, Tiger Global, World Bank’s IFC
- Founders
- Byju Raveendran
- Company Description
- Byju’s is an edtech startup based in Bengaluru, India. The company has faced challenges in raising funds and has been embroiled in legal issues related to allegations of oppression and mismanagement by its shareholders. Byju’s valuation has significantly declined from its previous high, and the company has been struggling to maintain operations and pay employees.
- Location
-
Bengaluru,
India
- Coinvestors
- General Atlantic, Sofina
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