Byju's
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Franchise India Bureau Sep 29 2017 - 1 min readEdu-tech startup, Byju's, has acquired TutorVista and Edurite from Pearson as it expands its offerings to school students in the US and UK.The Bengaluru-based firm did not disclose the financials of the deal, but pointed out it would provide access to newer markets.Byju Raveendran, Founder & CEO, Byju's, "We believe a product like ours can ...
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Franchise India Bureau Sep 29 2017 - 1 min readOnline learning startup, Byju’s, expects to turn profitable and eyes a billion-dollar valuation this year.Just two years after it launched its popular learning app in August 2015, Byju's founder, Byju Raveendran claims that the app has been downloaded eight million times and has converted over five per cent of its users ...
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Franchise India Bureau Sep 29 2017 - 1 min readTestbook.com, an online test preparation platform for competitive exams, has raised an undisclosed amount in unding from venture capital firm Matrix Partners India, it said in a statement.The startup plans to use the fresh capital to enhance its product offering. Testbook, which is operated by Mumbai-based Share Infotech Pvt Ltd, is an online test preparation ...
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Franchise India Bureau Sep 29 2017 - 1 min readEducation technology start-up Byju’s (Think and Learn Pvt. Ltd) has raised about $30 million from Brussels-based family office Verlinvest, in a move that will give the company significant firepower to expand business, the sources revealed.One of the source said, "Verlinvest is coming in at a higher valuation than the last round, at about $600 million. ...
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Franchise India Bureau Sep 29 2017 - 2 min readEd-tech startup Byju's has raised USD15 million from International Finance Corporation (IFC), the World Bank's private-sector investment arm.In July that Byju's was close to raising between USD25 million and USD50 million for international expansion, and had named IFC as one of four potential investors. IFC had also made a disclosure on its website at the ...