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Byju’s to enter league of giants with estimated valuation reaching new high; check out the list here

With Byju’s valuation estimated to rise to $16.5 billion, we look at where the ed-tech platform could stand compared to India’s industrial bigwigs having market cap similar to its valuation.

April 30, 2021 / 06:48 PM IST
Rank 2 | BYJU’s | Sector: Online Education | Valued at: $13 billion

Rank 2 | BYJU’s | Sector: Online Education | Valued at: $13 billion

Online learning startup Byju’s has been on a fund-raising spree and its valuation has hit new highs. The Bangalore-based digital-education pioneer is getting ready to raise $150 million from UBS group which will value the startup at about
$16.5 billion,
reports suggest. 

Earlier on April 11, there were reports that Byju’s had raised about $1 billion from new investors, including former Facebook co-founder Eduardo Saverin's B Capital Group, Baron Funds and XN. 

With the valuation now estimated around $16.5 billion (approx Rs 1,22,183 crore), we looked at where the ed-tech startup stands compared to some of the Indian giants in terms of their market capitalisation.