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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 initial public offering in the next 9-12 months. 'Byju Raveendran, Founder, and CEO of Byju�...

With the recent funding round, BYJU’S now valued at $22 Bn. Byju has invested $400 Mn and he will hold 25% in the company.

Press release content from PR Newswire. The AP news staff was not involved in its creation.

/PRNewswire/ -- BYJU'S, the world's leading edtech company with 150 million learners globally, today announced it has raised $800 million from Sumeru Ventures,...

/PRNewswire/ -- BYJU'S, the world's leading edtech company with 150 million learners globally, today announced it has raised $800 million from Sumeru Ventures,...