Tech Company Financing Transactions
BYJU Funding Round
BYJU, operating out of Bangalore, scored $250 million from Davidson Kempner Capital Management LP.
Transaction Overview
Company Name
Announced On
5/12/2023
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Proceeds Purpose
The large financing round in Byju's comes at a time when the Indian startup ecosystem is reeling from a funding crunch amid weakening global economy.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
2nd Floor Tower D IBC Knowledge Park Bannerghatta Main Rd. 4/1
Bangalore, 560029
India
Bangalore, 560029
India
Phone
Website
Email Address
Overview
Byju's mobile app has video lessons for IAS, CAT, GMAT, GRE, IIT-JEE & Class 6-12 and comprehensive study material lay solid foundation to crack competitive exams.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Byju Raveendran
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Where The Data Comes From
We do our best to record tech company VC transactions. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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