Some businesses are clearly burning bright despite the pandemic. Byju’s, India’s foremost ed-tech brand, saw the number of views on its website zoom from 14.37 million in March 2020 to 21.93 million in May. It’s a staggering 52 per cent increase (based on the data from SimilarWeb) and the key reason why Silicon Valley’s Mary Meeker-backed Bond Capital might invest in the company at a valuation of $10.5 billion.
Paytm is the only other start-up in India to command a valuation of more than $10 billion.
Analysts say the ed-tech start-up has profited hugely from the