funding

Byju’s Secures $250 Million Funding from Davidson Kempner, at Flat Valuation

India edtech firm Byju’s has received $250 million in a fresh funding round from Davidson Kempner Capital Management and is in talks for another $750 million by the end of the month. The $750 million funding will be at a flat valuation of $22 billion. Byju’s, backed by investors like the Chan-Zuckerberg Initiative and Naspers, aims to use the funds to fuel its expansion and strengthen its position in the competitive edtech market.

Tech News 15 May, 2023 SamkarTech