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Silver Lake Invests $500M In India's Byju's At A Valuation Of $11 Bn | Business Standard News

by business-standard.com posted 2weeks ago 31 views
The frenetic deal activity signals huge investor appetite for India's edtech startups as the country's pandemic escalates. : Private equity giant Silver Lake led a $500 million funding round for Byju’s that valued the Indian online education platform at around $10.8 billion, a person familiar with the matter said. Existing backers Tiger Global, General Atlantic and Owl Ventures also took part in the latest funding round, according to the person, who asked not to be named discussing a private deal. The startup remains locked in negotiations over several other rounds of financing.

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