As a part of its ongoing funding round, edtech company Byju’s has raised $200 million in fresh funding from US-based growth equity investor General Atlantic (GA). GA is an existing investor in the Bengaluru-based firm.
The new funding comes just a month after it raised $200 million from Tiger Global Management, which valued the Bengaluru-based start-up at around $8 billion. With the fresh funding, the company’s valuation has now slightly gone up to $8.2 billion, according to sources.
“General Atlantic has been one of our strongest partners and this additional investment shows their confidence in our vision, growth and future.