[Funding] Silver Lake invests $500 million in Byju's pushing valuation to $10.8 billion
New Delhi, Sept. 8 -- Online learning platform Byju's has raised $500 million in a fresh round of funding from Silver Lake. The round also saw participation from existing investors including Tiger Global, General Atlantic, and Owl Ventures. The new round values Byju's at $10.8 billion, up from its last valuation at $10.5 billion. It had achieved this valuation from its earlier Series F round that it closed in August.
"This is a separate corporate round different from the earlier Series F round which was closed in August 2020, and there more new international investors who are expected to fund Byju's in the next few quarters," state various media reports.
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