BYJU’S, India’s e-learning platform, announced it has raised funding from BlackRock, Sands Capital, and Alkeon Capital. However, the company did not disclose financial details.
Existing investors General Atlantic, Owl Ventures, and Tiger Global also participated in the funding round, BYJU’S said in a statement.
Earlier this month, BYJU’S had raised funds from Silver Lake along with existing investors Tiger Global, General Atlantic, and Owl Ventures.
“We are excited to welcome Blackrock, Sands Capital, and Alkeon as our partners. As we continue to create engaging and personalised learning solutions, partnerships like these reaffirm our commitment to build and transform the global learning landscape through technology, innovation, and quality pedagogy,” BYJU’S founder and CEO Byju Raveendran said in the statement.
“Continued support from our existing investors is a testament of their confidence in us and our mission,” Raveendran added.
Recently, BYJU’S ventured into after-school learning space with the launch of BYJU’S Classes, a comprehensive online tutoring programme. The company has also introduced learning programmes in multiple vernacular languages like Hindi, Kannada, Bengali, Malayalam, and Gujarati during the lockdown.
Last month, BYJU’S acquired coding platform WhiteHat Jr to accelerate its international expansion plans.
In June, BYJU’S had raised funding from global technology investment firm BOND, while in February, it had raised about $200 million from General Atlantic.
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