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Byju's raises $150 million in fresh funding, valued at $5.5 billion

Thursday, July 11, 2019, 8:40 AM

Byju's said it has raised $150 million in fresh funding led by Qatar Investment Authority (QIA). Post this round of funding, the company's valuation is now at over $5.5 billion, according to business signals platform paper.vc. One of India's earliest unicorns, the valuation post this round has risen only slightly. Nonetheless, the funds will come in handy as the company expands its business overseas.