• BYJU'S will be using the raised funds for global expansion • The deal will value BYJU'S at around $2 Bn • BYJU'S has recently crossed $14.54 Mn in revenue
• The funding was led by Nexus Venture Partners • Claims to have achieved profitability in July with 8x revenues • Looks to invest in technology with the latest fund raise
- Kabir Misra's startup fund will count SoftBank Group as the anchor limited partner - The fund will invest in the US, India, and Southeast Asia - Misra will step down from his current position at Softbank Capital after closing the fund
