[Funding alert] BYJU'S is raising $150M from UBS : vimarsana

[Funding alert] BYJU'S is raising $150M from UBS


[Funding alert] BYJU'S is raising $150M from UBS
UBS could also infuse additional funding into BYJU'S, which has seen significant growth in the past few quarters on the back of strong uptake of online education, the sources close to the development said.
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$150 million from
UBS Group AG that will value the edtech major at about $16.5 billion, according to sources.
UBS could also infuse additional funding into BYJU'S, which has seen significant growth in the past few quarters on the back of strong uptake of online education, the sources close to the development said.
BYJU'S declined to comment, while the response from UBS Group AG could not be immediately ascertained.

Related Keywords

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