Byju's valuation crosses $5-billion mark, Investment from GA, Tencent to help in international play - Start-Up Hyderabad
Loading Startup Hyderabad

Byju’s valuation crosses $5-billion mark, Investment from GA, Tencent to help in international play

 5 years ago    

India’s fourth largest startup, Byju’s has raised funding of $31 million (around Rs 214 crore) in a financing round led by US-based investor General Atlantic(GA), along with Chinese internet giant Tencent and Canada Pension Plan Investment Board (CPPIB). The investment takes the valuation of the Bengaluru-based company to over $5 billion, from $3.6 billion when it raised $540 million in a funding round led by South African conglomerate Naspers in December. While the news was circulated in December 2018, the company’s filings with Registrar of Companies at the Ministry of Corporate Affairs show that the monetary transactions around those reports are yet to be completed.

Till now, the company has received only around $367 million of the said $540 million,  though the transactions have commenced in October last year. But that’s not all, the Series F round has seen Byju’s valuation go up from $3.26 billion to $5.13 billion. According to regulatory documents sourced from business signals, GA had invested another Rs 173 crore, while Tencent invested Rs 41.63 crore, giving Byju’s a post-money valuation of Rs 37,155 crore ($5.38 billion), which indicates that Byju’s may be preparing to raise more money at a significantly higher valuation in near future.

Byju Raveendran, Founder and CEO, Byju’s

Byju’s is now formulating plans to foray its reach into markets like the US, UK, parts of Europe and Australia, targeting the age group of 3-8. In India, it plans to expand its bouquet of products by catering to grades 1-3, in addition to the 4-12 segment, where it is already present. The Edtech firm has also made four acquisitions so far, the most recent being that of Silicon Valley-based educational gaming start-up Osmo, which it bought for around $120 million in January. The acquisition is expected to get Byju’s access to different market segments. Osmo’s products, which have evoked a huge response in the US, are expected to play a big role. Besides that, Byju’s is looking to get on board another financial investor to help it gain access to some of these markets, especially in Asia. This is expected to happen immediately after its global launch.



An avid reader and a travel enthusiast. Being in love with music for my entire life, I’m a dancer in the making. For the love of writing and digital marketing , I started my career as a blogger at Startup Hyderabad. All my life I have believed that ‘Dreams are the touchstones of our characters’ and have always strived towards making them come true.


  • Saptarshi Roy Chaudhury

  • Neeha Jayaram

  • Dhivya

  • Saloni Anand

  • Neha Mohsin

  • Soumalya Chakraborty

  • Ruchika Agarwal

  • Ramesh Loganathan

  • Nikita Kiran

  • Ayyappa Nagubandi

  • Ayushi Pandey

  • Harshita Goel

  • Chandra Mouli Koduri

  • Arpita Soma

  • Maddy Anand

  • Ankur Mehta

  • Varun Rastogi

  • Srinivas Aki

  • Monika Guwalani

  • Rahul Das

  • Saritha Keshamoni

  • Nischala Agnihotri

  • Sameeksha Bansal

  • Sreekar Reddy

  • Divya Jyothi

  • Vineel Reddy Pindi

  • Vinita Surana

  • Priyanka Mechineni

  • Sravya Gowrisetty

  • Sruthi Malla

  • Anish Tadimarri

  • Tata Teja

  • Amita Sood

  • Ramya Sayaboni

  • Vana Korrapati

  • Surya Vallae

  • Ambika Asta

  • Madhureema RoyMoulik

  • Gunajit Haloi

  • Bhavitaavya Dharanikota

  • GR Reddy

  • Manoj Surya

  • Shravani Maddirala

  • Ravi Vaka

  • Rituka M

  • Nethrikaa Greeshma

image title here

Some title