Byju’s- 11th world with a valuation of around $16.5

Byju’s- 11th in the world with a valuation of around $16.5

Well-known and best Edtech company Byju’s has now become India’s most valuable unicorn with a valuation of around $16.5 billion that suppressing fintech company  Paytm’s $16 billion valuations.

According to CB Insights data, as of June 2021, Byju’s is the 11th most valuable and well-known startup in the world.

Moreover, the total number of unicorns worldwide is 708 with a valuation of almost $2319 billion. However, Chinese company Bytedence is the parent company of TikTok which is the most valuable startup in the world with a valuation of $140 billion.

Byju’s investors involve Tencent Holdings, Lightspeed India Partners, and Sequoia Capital India. Currently, raised almost $350 from UBS, private equity giant Blackstone, Abu Dhabi state fund ADQ, Phoenix Rising, and video conference firm Zoom’s founder Eric Yuan.

 The parent company of Byju’s, One97 Communications has a valuation of $16 billion with the investors like Sapphire Ventures, Alibaba Group, and Intel Capital.

Well, a unicorn company or unicorn startup is a private company with a valuation of over $1 billion. However, in June 2021, there are over 700 unicorns around the world. Popular former unicorn involving Airbnb, Facebook, and Google. The variants involve a decacorn, which is valued at more than $10 billion, and a hectocorn that valued at almost $100 billion, as per the CB Insights.

Now, Oyo Rooms has valued at around $9 billion with the investors like the SoftBank Group, Sequoia Capital India, and Lightspeed India Partners.

Moreover, the National Stock Exchange has valued almost $6.5 billion with the investors which involve TA Associates, Softbank Group, and GS Group. On the other hand, Ola cabs are valued at $6.3 billion and have investors like SoftBank Grou, Accel Partners, and Sequoia Capital.

Zomato is treasured at $5.4 billion with investors comprising Sequoia Capital and VY Capital. Additionally, another food delivery chain, Swiggy, is valued at $5 billion and its investors embrace Accel India, SAIF Partners, and Norwest Venture Partners.

Internet software company Dream11 is esteemed at $5 billion with investors involving Kaalari Capital, Tencent Holdings, and Steadview Capital.

Logistics company Udaan is valued at $ 3.1 billion and has investors comprising DST Global, Lightspeed Venture Partners, and Microsoft ScaleUp.

Fintech company Razorpay is valued at $3 billion with investors like Y Combinator, Tiger Global Management, and Matrix Partners India.

 Fintech company Pine Labs is also valued at $3 billion with investors namely MasterCard, Temasek, and PayPal Ventures.

 Logistics company Delivery is another firm that is valued at around $3 billion with investors comprising Times Internet, Nexus Venture Partners, and SoftBank Group.

Content Protection by DMCA.com

Discover more from GLOBAL BUSINESS LINE

Subscribe to get the latest posts sent to your email.

Discover more from Global Business Line

Subscribe now to keep reading and get access to the full archive.

Continue reading