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Byju's Raises $800 Million in Venture Capital, Led by Creator Raveendran.

Byju's announced on Friday that it has raised $800 million (about Rs 6,000 crore) in a capital round led by its creator and CEO Byju Raveendran, who contributed half of the total amount. Sumeru Ventures, Vitruvian Partners, and BlackRock also contributed to the round of fundraising. The corporation has raised new capital at an enterprise value of $22 billion, a 22 percent increase from the previously stated valuation of $18 billion. The investment comes as the company prepares to launch its...
Byju Raveendran Mike Risman Vitruvian Partners

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