A recent report claims that India’s most valued EdTech company Byju’s has received a funding of over $200 million (about ₹1,483 crore) in a fresh funding from investors, which includes BlackRock and T Rowe Price.
Just two months back, Byju’s had raised about ₹3,672 crore in a investment round that made the company get the valuation at $10.8 billion..
As per the media sources, private equity players BlackRock and T Rowe Price are taking part in the new round of funding that will increase the company’s valuation to $12 billion.
Just in September 2020, Byju’s announced about having more than 20 million new students learning from its platform for free since the lockdown that was introduced in March this year.
By Sahana Iyer
