When it comes to raising capital, Indian ed-tech startup Byju’s is in a league of its own. The company has raised a whopping $15 billion in just over six years, making it the most well-funded ed-tech startup in the world. But what’s even more impressive is how Byju’s has managed to achieve this level of funding. In this blog post, we’ll take a look at Byju’s fundraising journey and how the company has become such a force in the ed-tech industry.
What is byju?
byju is an online education platform that offers interactive courses and personalized learning experiences for students in grades 4-12. The company was founded in 2011 by Byju Raveendran, a former teacher, and has since raised over $200 million in funding from investors including Sequoia Capital, Tiger Global Management, and the Chan Zuckerberg Initiative.
byju offers a comprehensive curriculum that covers all major academic subjects, including math, science, English, and social studies. The company’s interactive courses are designed to engage students and help them retain information through activities like video lessons, quizzes, and games. byju also offers personalized learning experiences for each student based on their individual needs and progress.
With over 10 million registered users, byju is one of the most popular online education platforms in India. The company has also expanded its reach to other countries including the United States, United Kingdom, Canada, Australia, and South Africa.
How did byju raise 15b in capital?
In December 2018, Byju raised $540 million in a Series F funding round led by the Qatar Investment Authority. This took the ed-tech startup’s total capital raised to $1.4 billion.
In 2019, Byju raised an additional $150 million in a Series G funding round led by Tiger Global Management. This latest infusion of capital took the company’s valuation to $5.7 billion.
Byju Raveendran is the founder and CEO of Byju’s, an Indian ed-tech company. The company offers online tutoring courses for school students in India and has been valued at over $5 billion as of 2019.