BYJU’S, the world’s leading edtech company with 150 million learners, has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock.
Byju Raveendran, Founder & CEO of BYJU’S, has made a personal investment of $400 million as part of the VC funding round.
“We continue to deliver accelerated growth in India and international markets through both organic and inorganic initiatives. Our sustained focus is on achieving our long-term goals around creating lifelong value for our learners,” Byju Raveendran said.
BYJU’S has 150+ million learners on its digital learning platform. BYJU’S clocked an annual renewal rate of 86 percent and an NPS score of 76. India-based BYJU’S has won the recognition as the 2021 Time 100 Most Influential Company.
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.
BYJU’S is backed by VC funds 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.
