Prosus, Times Internet and Tencent-backed online education provider Byju’s is seeking up to $400m in funding at a $10bn valuation, just a couple of months after fetching an $8bn valuation.
Byju’s, an India-based online education provider backed by corporates Prosus and Tencent, is looking to secure as much as $400m in funding at a $10bn valuation, TechCrunch reported on Friday.
The money would form part of an ongoing round, which saw the company raise $200m from Tiger Global Management in January 2020 and additional capital from General Atlantic a month later.
Reports at the time suggested General Atlantic’s commitment was also worth $200m, but TechCrunch said in its latest…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.