Exclusive: Edtech Decacorn BYJU’s Is Raising INR 2,200 Cr In Funding

Exclusive: Edtech Decacorn BYJU’s Is Raising INR 2,200 Cr In Funding

SUMMARY

Verition Fund, XN Exponent Holdings, and MarketX also participated in this round of funding

The development comes few weeks after BYJU’s mopped up $150 Mn from Asmaan Ventures and ARK Ncore as part of its $1 Bn round. The fresh infusion appears to be the second tranche of this round

In 2021, BYJU’s has already spent $2.6 Bn for acquiring 9 companies

Byju Raveendran-led edtech decacorn BYJU’s is raising INR 2,200 Cr ($296 Mn) in a funding round led by Oxshott Venture Fund. 

According to the company’s RoC filings, Edelweiss, Veriton Fund, XN Exponent Holdings, and MarketX Ventures will also be participating in this round of funding — which appears to be part of its ongoing Series F round. 

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