BYJU'S just can't stop, won't stop! It is recently in talks to raise $600
million at $15 billion valuation!!

If we see the growth, it has only been onwards and upwards.
~Nov'20: It was valued at $11 billion
~July'19: Valuation touched $5.75 billion

It is splendid to see the good faith that BYJU's has created amongst investors
by doubling the #valuation in less than a year's time.

The fresh capital will not be for tech upgradation or marketing, but to acquire
more startups.

Its current #revenue run rate is $800 million which is expected to reach $1
billion in the next 12-15 months.

Byju’s is currently the second most valuable startup in India, behind Paytm,
which was valued at $16 billion in its previous #fundraise. In no time, it can
become the most valuable startup.

Do you think BYJU's might go for an IPO or it will cash in on the SPAC frenzy,
given its affinity to fundraising?

The Representative

Originally posted by Radhika Bajoria on LinkedIn