Indian edtech giant Byju’s, the nation’s most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a person familiar with the matter said. Byju’s, currently valued at about $21 billion, is seeking a valuation of over $45 billion and looking to raise […]
Indian edtech giant Byju’s valued at $18 billion in new funding
Byju’s has raised about $300 million as part of a larger round of new investment as the Indian edtech giant focuses on expanding its international business and aggressively explores merger and acquisition opportunities. A filing, supplied to TechCrunch by research firm Tofler, showed that the new investment values the startup at $18 billion, up from […]
India’s UpGrad enters unicorn club with $185 million fundraise
UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, hit a valuation of $1.2 billion with a $185 million funding round Monday as global investors plow record capital into firms in the world’s second largest internet market. Singapore’s Temasek led the financing round while the World Bank’s International Finance Corporation and IIFL participated. […]
India’s Vedantu not in talks to sell to Byju’s, top exec says
Indian online learning platform Vedantu is not engaging to sell the firm to edtech giant Byju’s, a top executive said on Friday. A report by Indian news outlet Entrackr said early Friday that Byju’s had offered $700 million to $800 million to acquire Bangalore-based Vedantu, which counts Accel and GGV Capital among its investors. In a […]
Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise
Indian online learning platform Unacademy has raised $440 million in a new financing round as investors double down on the South Asian market and elsewhere following a widening series of regulatory crackdowns in China that wiped hundreds of billions of dollars last month. Temasek led the Bangalore-based startup’s new financing round while Mirae Asset and […]