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[20] [21] In the same year, Byju's became India's first edtech unicorn. [22] By 2019, 60% of Byju’s students were from non-metros and rural cities. [23] In January 2022, the company joined Simplilearn, Unacademy, upGrad, PrepInsta Prime and Vedantu to become one of the founding members of IAMAI's India EdTech Consortium. [24]
Byju’s distress has weighed on India’s edtech industry in particular. The sector received $712 million in funding in 2023, down from $2.9 billion in 2022 and $5.3 billion in 2021.
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
Unacademy is an Indian multinational educational technology company that provides online educational platform [2] with its headquarters in Bangalore.It prepares students for various competitive exams (like JEE, NEET, UPSC, Chartered Accountancy, GATE, UPSC NDA, CUET, Boards etc.), as well as provides content on foundational and skill building courses (programming, photography, entrepreneurship ...
At $16.5 billion valuation, Byju's had already surpassed fintech giant Paytm for the tentpole position in India's startup ecosystem. Indian edtech giant Byju's valued at $18 billion in new funding ...
Byju’s plans to expand to international markets in the second half of next month as the Indian edtech giant, valued at more than $13 billion, looks to accelerate its growth, TechCrunch has ...
Info Edge is an Indian technology holding company which owns, operates and invests in internet-led businesses. [6] The company's offerings include the flagship employment website Naukri.com, matrimonial website Jeevansathi.com, real estate classifieds platform 99Acres.com, and educational portal Shiksha.com, among others.
Byju’s has acquired the Austria-headquartered startup GeoGebra, the latest in a series of purchases by the Indian edtech giant this year as it scales its online learning platform across the globe.