Edtech unicorn BYJU’S, India’s most valuable startup at $16.5 billion, continues to attract investor interest, raising another $50 million from India Infoline Finance (IIFL Finance) and Maitri Edtech.
According to regulatory filings, BYJU’S raised this amount in a Series F round. Following this round, the edtech unicorn has till now raised over $1.5 billion in 2021.
BYJU’s had recently raised $350 million from UBS Group, Blackstone, Zoom founder Eric Yuan, ADG – a state fund of Abu Dhabi, and Phoenix Rising-Beacon Holdings. This round valued the startup at around $16 billion.
