Byju’s valued at $18 billion in new funding

A filing, supplied to TechCrunch by research firm Tofler, showed that the new investment values the startup at $18 billion, up from a valuation of $16.5 billion in June this year.

At $16.5 billion valuation, Byju’s had already surpassed fintech giant Paytm for the tentpole position in India’s startup ecosystem.

TechCrunch understands the new investment is part of a larger financing round that is likely to propel Byju’s valuation above $21 billion.


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