Startup Around

[Funding alert] General Atlantic invests $200M in edtech unicorn BYJU'S


Listen Later

Edtech major BYJU'S recently said it has raised an undisclosed amount of funding from General Atlantic, an existing investor in the company.
While BYJU'S did not disclose the quantum of investment, sources said General Atlantic has pumped in $200 million (about Rs 1,420 crore) into the company.
He added that over 65 percent of BYJU'S students are from outside the top 10 cities.
It also tripled its revenue from Rs 520 crore to Rs 1,480 crore in FY18-19, and turned profitable on a full-year basis.
BYJU'S has learning programmes for students in Classes 1 to 12. | To read full story, visit https://startuparound.com/read/1581246154.8908765/[Funding-alert]-General-Atlantic-invests-$200M-in-edtech-unicorn-BYJU'S?ref=audio_experience
...more
View all episodesView all episodes
Download on the App Store

Startup AroundBy Startup Around