About BYJU’S
BYJU’S is an educational technology company that develops personalized learning programs for K-12 students.
Financial
BYJU’S faces significant financial and legal challenges. Prosus and BlackRock have written off their stakes in the company, once valued at $22 billion. An Indian court has initiated insolvency proceedings against BYJU’S over unpaid debts, and the company is appealing the decision. Additionally, BYJU’S has settled a $19 million payment dispute with India’s cricket governing body.
BYJU’S vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| BYJU’S | $22B | $6.31B | 28 |
| Alchemy Insights | $240B | $563.90M | 5 |
Growth Trends & Market Impact
BYJU’S has faced significant financial challenges, including a substantial loss in valuation, insolvency issues, and a reduction in product prices. The company has also been involved in a $200 million rights issue to raise funds. Despite these efforts, BYJU’S has experienced a decline in its financial health, with reports of governance failures and mounting challenges.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 19.02.2024 | $300.00 million dollars | |
| №2 | 12.05.2023 | $250.00 million dollars |
Davidson Kempner |
| №3 | 27.10.2022 | $36.39 million dollars |
Aakash Educational Services |
| №4 | 17.10.2022 | $250.00 million dollars |
Qatar Investment Authority |
| №5 | 11.03.2022 | $800.00 million dollars |
Byju Raveendran |
| №6 | 08.11.2021 | $1.20 billion dollars | |
| №7 | 04.10.2021 | $362.06 million dollars |
Oxshott Capital Partners |
| №8 | 08.09.2021 | $148.21 million dollars |
Asmaan Ventures |
| №9 | 10.08.2021 | $148.21 million dollars | |
| №10 | 21.06.2021 | $48.96 million dollars |
IIFL Finance |