Byju's confirms raising $540 mn, now valued at nearly $4 bn
Bengaluru-based edtech startup Byju's on Monday confirmed raising $540 million in a new funding round led by Naspers and "a significant portion" from Canada Pension Plan Investment Board. The round values Byju's at nearly $4 billion, making it one of India's most-valuable startups, according to reports. Byju's was founded in 2008 by Byju Raveendran as an offline teaching centre.