This is an interesting story that has unfolded much during and after the P.A.N.D.E.M.I.C. which devastated most or every sector without exception, globally, including the Education segment, which should have been an outdoor activity, with classroom learning as a complimenting pursuit! Please read further...........
It is estimated that the size of on-line education sector in India is appx US $ 180 Bn and growing ...Thanks to Pandemic???
Byju's.......An online EDTECH company learning platform for students!
Byju's acquired Aakaash Education services, another online learning platform for US $ 1 Bn...
Byju's is entering International Learning arena! It tops Indian online Education services as at this day!
Presently "Unacademy" is the only competitor for Byju's!
Byju's raised US $ 500 Mn from Silver Lake, Global Technology Investment firm during September 2020, when Pandemic showed s slight downward trend!
Byju's acquired WhiteHat Jrfor US $ 300 Mn in Jan 2020! This deal materialised on...Zoooom!
Byju's raised US $ 200 M from Tiger Global
Byju's total borrowing or fund raising exceeds US $ 2.3 Bn (under fiscal reconciliation); Its valuation is likely to reach US $ 10 Bn, thus making it Indian second start-up with such huge valuation strength!
Byju's has raised US $ 122 Mn from Russian Edtech firm, Yuri Milner's DST Global! Its plan is to raise US $ 400 Mn from this source!
Now the latest confirmed news is Byju's is raising US $ 150 Mn from UBS Group AG of Switzerland......who have valued Byju's net worth to be US $ 16.50 Billion!
Byju's operates on the concept "Think & Learn" is backed by investors like Mary Meeker, Yuri Milner, Chan Zuckerberg Initiative, Tencent, Sequoia Capital, Tiger Global.....whose collective fund raising is said to be US $ 2 Bn....so far...
Byju's has no plan to pause at this stage.....it is mulling to raise US $ 600 to 700 Mn to accelerate its growth!
𝐓𝐡𝐞𝐬𝐞 𝐚𝐫𝐞 𝐬𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐟𝐚𝐜𝐭𝐬 𝐬𝐮𝐛𝐦𝐢𝐭𝐭𝐞𝐝 𝐭𝐨 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬.....
𝑩𝒖𝒕 𝒕𝒉𝒆 𝒍𝒂𝒓𝒈𝒆𝒓 𝒒𝒖𝒆𝒔𝒕𝒊𝒐𝒏𝒔 𝒊𝒔 𝑾𝒉𝒂𝒕 𝒘𝒐𝒖𝒍𝒅 𝒃𝒆 𝒕𝒉𝒆 "𝑷𝒓𝒐𝒅𝒖𝒄𝒕 𝑸𝒖𝒂𝒍𝒊𝒕𝒚"???...𝒘𝒉𝒐 𝒎𝒂𝒚 𝒉𝒂𝒗𝒆 𝒕𝒐 𝒄𝒐𝒏𝒕𝒆𝒏𝒕𝒆𝒅 𝒘𝒊𝒕𝒉 𝒍𝒆𝒂𝒓𝒏𝒊𝒏𝒈 𝒖𝒏𝒅𝒆𝒓 𝒓𝒆𝒔𝒕𝒓𝒊𝒄𝒕𝒆𝒅 𝒆𝒏𝒗𝒊𝒓𝒐𝒏𝒎𝒆𝒏𝒕, 𝒘𝒊𝒕𝒉𝒐𝒖𝒕 𝒄𝒐-𝒄𝒖𝒓𝒓𝒊𝒄𝒖𝒍𝒂𝒓 𝒂𝒄𝒕𝒊𝒗𝒊𝒕𝒊𝒆𝒔, 𝒏𝒐 𝒎𝒖𝒄𝒉 𝒊𝒎𝒑𝒐𝒓𝒕𝒂𝒏𝒄𝒆 𝒇𝒐𝒓 𝒑𝒆𝒓𝒔𝒐𝒏𝒂𝒍𝒊𝒕𝒚 𝒅𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕, 𝒔𝒑𝒐𝒓𝒕𝒔 𝒕𝒂𝒌𝒊𝒏𝒈 𝒃𝒂𝒄𝒌 𝒔𝒆𝒂𝒕.....𝘪𝘨𝘯𝘰𝘳𝘪𝘯𝘨 𝘦𝘮𝘰𝘵𝘪𝘰𝘯𝘢𝘭 𝘪𝘴𝘴𝘶𝘦𝘴, 𝘴𝘩𝘪𝘧𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘴𝘵𝘳𝘦𝘴𝘴 𝘲𝘶𝘰𝘵𝘪𝘦𝘯𝘵 𝘧𝘳𝘰𝘮 𝘮𝘦𝘳𝘦 𝘭𝘦𝘢𝘳𝘯𝘪𝘯𝘨 𝘢𝘯𝘥 𝘴𝘤𝘰𝘳𝘪𝘯𝘨 𝘮𝘢𝘳𝘬𝘴 𝘵𝘰 𝘢𝘯𝘰𝘵𝘩𝘦𝘳 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘮𝘦𝘯𝘵𝘢𝘭 𝘣𝘭𝘰𝘤𝘬 𝘵𝘩𝘢𝘵 𝘬𝘦𝘦𝘱𝘴 𝘵𝘩𝘦 𝘱𝘶𝘱𝘪𝘭 𝘪𝘴𝘰𝘭𝘢𝘵𝘦𝘥 𝘧𝘳𝘰𝘮 𝘮𝘪𝘯𝘨𝘭𝘪𝘯𝘨 𝘸𝘪𝘵𝘩 𝘧𝘳𝘪𝘦𝘯𝘥𝘴...𝘧𝘰𝘳 𝘢 𝘔𝘪𝘴𝘤𝘩𝘪𝘦𝘷𝘰𝘶𝘴 𝘚𝘵𝘶𝘥𝘦𝘯𝘵-𝘩𝘰𝘰𝘥!
𝗕𝘆𝗷𝘂'𝘀 𝗺𝗮𝘆 𝘀𝘂𝗰𝗰𝗲𝗲𝗱..... 𝗕𝘆𝗷𝘂'𝘀 𝘄𝗶𝗹𝗹 𝘀𝘂𝗰𝗰𝗲𝗲𝗱 ......𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝗹𝘆....𝘄𝗵𝗮𝘁 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗦.𝗧.𝗨.𝗗.𝗘.𝗡.𝗧.𝗦, 𝘄𝗵𝗼 𝗹𝗼𝘀𝗲 𝘁𝗵𝗲𝗶𝗿 𝗯𝗮𝘀𝗶𝗰 𝗖.𝗛.𝗜.𝗟.𝗗.𝗛.𝗢.𝗢.𝗗, 𝘄𝗵𝗶𝗰𝗵 𝗶𝘀 𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝗹𝘆 𝗡𝗢𝗧 𝗿𝗲𝗱𝗲𝗲𝗺𝗮𝗯𝗹𝗲!
𝘐𝘵 𝘢𝘱𝘱𝘦𝘢𝘳𝘴, 𝘵𝘩𝘦𝘳𝘦 𝘪𝘴 𝘮𝘰𝘳𝘦 𝘰𝘧 𝘊𝘖𝘔𝘔𝘌𝘙𝘊𝘌 𝘪𝘯 𝘌𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩𝘰𝘶𝘵 𝘮𝘶𝘤𝘩 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘤𝘦 𝘵𝘰 𝘵𝘩𝘦 𝘎𝘰𝘰𝘥 𝘰𝘭𝘥 𝘴𝘢𝘺𝘪𝘯𝘨 "𝘌𝘯𝘥 𝘰𝘧 𝘌𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯 𝘪𝘴 𝘊𝘩𝘢𝘳𝘢𝘤𝘵𝘦𝘳"
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