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BYJU’s raises $150 Mn led by Asmaan Ventures, takes valuation to over $16.8 Bn

Shortpedia

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IPO-bound BYJU’s, which marked its eighth acquisition of 2021 with online exam prep startup Gradeup for an undisclosed sum, has bagged another $150 Mn led by Asmaan Ventures, along with Mirae Asset and ARK Ncore, reliable sources told Inc42. Having raised more than $1.3 Bn over the past 18 months, The fresh round of investment takes BYJU’s valuation to $16.8 Bn.