Byju Raveendran invests $400 million in BYJU’S

Business

“The focus is on achieving long-term goals around creating lifelong value for learners.”

“The focus is on achieving long-term goals around creating lifelong value for learners.”

Bengaluru
BYJU’S, an ed tech platform that says it has 150 million learners worldwide, has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, founder and CEO of BYJU’S, has also participated in the fundraising by making a $400 million investment, the company said in a statement. “We continue to see accelerated growth in India and in the international markets, both organically and inorganically,” said Mr. Raveendran. “Our sustained focus is on achieving our long-term goals and creating lifelong value for our learners. To do this, we envision the way students will learn, unlearn, and relearn in the future.”

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