India’s most valued ed-tech startup Byju’s valuation is drifted by $ 8 billion by raising fund of USD 200 million from an existing investor- General Atlantic. The unprecedented jump in the investment has marked history in the fundraising since its commencement.

The company gave valuation of $3.5 billion in the first round of Series F fundraising in December. In January 2019, Byju's had acquired US-based Osmo which provides engrossing learning system with augmented reality and artificial intelligence for $120 million.

In August 2019, the company received an investment of $150 million led by Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar. This round also included the participation from ed-tech investor Owl Ventures, marking its first investment in an Indian startup. In the fourth round of fundraising that happened in July, Byju’s raised its valuation of $5.7 billion.

The new round, which has helped Byju’s valuation climb from about $5.7 billion a year ago to $8 billion, has made the edtech startup the third most valuable private firm in India after financial services firm Paytm (valued at $16 billion) and budget-hotel operator Oyo (valued at $10 billion).

The previous acquisition bolstered team Byju's international plans! With the integration of Osmo, Byju's offered unique, customized, engaging and fun-learning solution for younger kids.

“This is a validation of how technology can make high-quality learning content more accessible to students, irrespective of their geographies. In fact, technology as an enabler has a lot of potential to further innovate the way in which learning can be made personalised and impactful,” said Byju Raveendran.