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Silver Lake: Byju’s Raises $500 Million In Round Led By Silver Lake, Valuation Almost $11B - The Economic Times

by economictimes.indiatimes.com posted 2weeks ago 183 views
Education technology company, Byju’s, on Tuesday announced a new round of funding from private equity giant Silver Lake. Existing investors Tiger Global, General Atlantic and Owl Ventures also participated in this round and according to news agency Bloomberg, the fund raised is expected to be to the tune of $500 million at a valuation of $10.8 billion.“We are excited to welcome a strong partner like Silver Lake to the Byju’s family,” said Byju Raveendran, Founder & CEO, Byju’s in a statement . “We are fortunate to be in a sector of positive relevance during this crisis.

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