Byju’s onboards new investors, valuation now at $11.1 bn

Online education startup Byju’s on Tuesday said BlackRock, Sands Capital and Alkeon Capital have joined as new investors, as part of the ongoing $500-million fundraising round. Earlier this month, Byju’s raised funds from a group of investors, including private equity firm Silver Lake Partners along with existing investors General Atlantic, Owl Ventures and Tiger Global … Read more

BYJU’s acquires code training app WhiteHat Jr for $300 million

Online education platform Byju’s has acquired Mumbai-based education technology (edtech) start-up WhiteHat Jr in an all-cash deal worth $300 million. The acquisition marks Byju’s entry into the fast-growing computer code training segment targeted at high school and college students. This is BYJU’s fifth acquisition and is also its largest acquisition to date. It had last … Read more