Online learning startup Byju’s has been on a fund-raising spree and its valuation has hit new highs. The Bangalore-based digital-education pioneer is getting ready to raise $150 million from UBS group which will value the startup at about $16.5 billion, reports suggest. Earlier on April 11, there were reports that Byju’s had raised about $1 billion from new investors, including former Facebook co-founder Eduardo Saverin's B Capital Group, Baron Funds and XN. With the valuation now estimated around $16.5 billion (approx Rs 1,22,183 crore), we looked at where the ed-tech startup stands compared to some of the Indian giants in terms of their market capitalisation.
Popular News
28th Dec
2021
At present, internationally accepted valuation standards adopted by the Registered Valuers Organisation are used by the registered valuers for the purpose of arriving at the cost or value of assets such as plant and machinery and land and building.
21st Nov
2021
MCA vide its notification dated 21.11.2022 made Companies (Registered Valuers and Valuation) Rules, 2022 further to amend the existing Companies (Registered Valuers and Valuation) Rules, 2017.
01st Oct
2021
IBBI extends limit of participants in CEP progrmmes by RVOs
01st Sep
2021
IBBI has revised the fee for the Valuation examination from Rs.1,770 to Rs. 5,900 for each enrolment on or after 01st October 2022
06th Jun
2021
In order to bring in objectivity and improvements in the scheme of valuation examinations, it has been decided by the Authroity (IBBI) that frequency of attempt in an LIE or valuation examination, as the case may be, for every candidate, shall be determined after taking into account a cooling off period of 2-months between each consecutive attempts of such candidate, thereby making a total of 6 attempts in a period of 12 months.