Funding round
BYJU'S Growth
Reported as "Growth Equity"
BYJU'S, which works in live online class services in Bengaluru, raised $250M in a Growth round announced on 12 May 2023, at a $22.00B post-money valuation. 1 firm took part. It is BYJU'S' seventh venture round on record; the one before was a Growth in Mar 2022.
$250M
Amount raised
$22.00B
Post-money valuation
$21.75B pre-money
1
Investors
no lead named
1.0x
Step-up from the Growth
$22.00B in Mar 2022
1.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced BYJU'S at $22.00B after the new money, 1.0 times the $22.00B of its Growth (Mar 2022). The $250M bought investors about 1.1% of the company. It came 14 months after BYJU'S' Growth. It is 18% of the $1.35B BYJU'S has raised in the venture rounds on record. No later venture round is on record for BYJU'S.
BYJU'S' funding rounds
BYJU'S has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Growth 22 Mar 2016 $75M
- Growth 8 Sep 2016, led by Sequoia Capital and Chan Zuckerberg Initiative $50M
- Other not a venture round 20 Dec 2016 $15M
- Growth 29 Mar 2017 $30M$600M post-money
- Series B 28 Mar 2019 $25M$5.40B post-money
- Series F 27 Aug 2020 $122M$10.00B post-money
- Growth 11 Mar 2022 $800M$22.00B post-money
- Growth this round 12 May 2023 $250M$22.00B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 8 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Learning, Tutoring & Courses:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| GoStudent Learning, Tutoring & Courses | 3 Aug 2023 | $95M | $3.30B | not named |
| Learning, Tutoring & Courses | 1 Jun 2022 | $57M | $407M | Alpha Wave Global |
| Learning, Tutoring & Courses | 15 May 2024 | $25M | not disclosed | Trinity Capital Inc. |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did BYJU'S raise in its Growth round?
BYJU'S raised $250M in its Growth round, announced in May 2023.
Which investors took part in BYJU'S' Growth round?
Davidson Kempner.
What was BYJU'S' valuation at the Growth round?
$22.00B post-money ($21.75B pre-money).