News > UBS investment makes Byju’s the most valuable startup in India

UBS investment makes Byju’s the most valuable startup in India

14/06/2021 10:26 AM | Click to read full article

Edtech giant Byju’s has become the most valuable startup in India after raising about $350 million in a new tranche of investment from UBS Group and Zoom founder Eric Yuan, Blackstone and others that valued the Bangalore-based firm at $16.5 billion.

The new valuation helps Byju’s surpass Paytm, which was last valued at $16 billion, for the crown position in the Indian startup ecosystem.

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