BYJU’S
About BYJU’S
BYJU'S is an educational technology company that develops personalized learning programs for K-12 students.
Headquarters
BYJU’S, Bangalore
Founded
2011-11-30
Industry
E-Learning, EdTech, Education
Last Funding Type
Private Equity
Total Funding
$6.31 billion dollars
IPO Status
Private
Financial
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.
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 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.
Funding Rounds
28
Number of Lead Investors
22
Total Funding Amount
$6.31 billion dollars
Number of Investors
61