Edtech decacorn BYJU'S continues to raise capital and in the latest development, it has raised close to $300 million at a reported valuation of $18 billion.
According to regulatory filings, the funding round saw investors including Oxshott Capital Partners, XN Exponent, Edelweiss, Verition Master Fund, IIFL, and Time Capital Advisors.
The filings show that BYJU'S approved an allotment of 77,174 Series F preference shares priced at Rs 285,072 per share.
BYJU'S has already become the most valuable startup in the Indian ecosystem, overtaking Paytm after its last funding round in June this year, where it was valued at $16.5 billion.