BYJU’S, a Bangalore, India-based edtech company with 150 million learners globally, raised $800m in funding.
Backers included Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400m.
BYJU’S delivers learning experiences with tools that sit at the cross-section of mobile, interactive content and personalized learning methodologies. The company’s geography-agnostic solutions and 12,000+ teachers make learning engaging, with visual and contextual programs that adapt to the unique learning style, skill level and pace of each student. In addition, the company has innovative partnerships with large companies, including Disney and Google, to drive engagement and help even more students become active and lifelong learners.
The BYJU’S family of brands includes Disney-BYJU’S Early Learn, BYJU’S Future School, Epic!, Osmo, Tynker, Toppr and WhiteHat Jr, along with its flagship product BYJU’S – The Learning App. Together, BYJU’S solutions support Pre-K – 12 education and a wide range of competitive exams.
The company is backed by blue-chip investors including Aarin Capital, Alkeon Capital Management, BlackRock, Bond Capital, Chan Zuckerberg Initiative, CPPIB, IFC, Prosus, General Atlantic, Lightspeed Venture Partners, Owl Ventures, Qatar Investment Authority, Sands Capital Management, Sequoia Capital, Silver Lake, Sofina, Sumeru Ventures, Tencent, Tiger Global, Times Internet, Verlinvest and Vitruvian Partners.
Since 2017, BYJU’S has completed more than 15 acquisitions, including companies in the U.S., UK, Austria, India and Singapore.