InvestorQ : Can Byju’s raise funds at such rich valuations it is planning?
Ria Jain made post

Can Byju’s raise funds at such rich valuations it is planning?

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Dia Deshpande answered.
4 weeks ago
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Byju's plans to raise $500 million at a valuation of $23 billion overall. It is talking to Abu Dhabi Sovereign Wealth Funds and Qatar Investment Authority for the same. If Byju’s is able to raise funds at these valuations, it would be an amazing feat as edtech companies have seen substantial erosion in value. Most PE funds have developed greater resistance to the India edtech story.

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