Home Business Byju’s: UBS funding makes Baiju India’s most valuable startup, received $ 150 million in funding

Byju’s: UBS funding makes Baiju India’s most valuable startup, received $ 150 million in funding

by NPT-Editorial

Baiju is an online teaching app. Through which children can study at home. Now it is becoming India’s most valuable startup. In fact, Biju has received a fund of about $ 150 million from UBS Group AG. Many people are involved in this deal. UBS company is in the news due to doubling the money. So it is expected that it will double its money with Baiju.

At the same time, Biju had also taken funds from Facebook Inc recently. According to the information, Baiju is an online education startup officially called Think and Learn. The startup, based in Bangalore, was founded by a former tutor, Biju Ravindran, who is a third owner of the company. His parents were also teachers.

There are more than 80 million users of Byju in India.

In an interview a few days ago, Ravindran had said that children are not going to school due to Kovid, so children and their parents have now got into the habit of online teaching. More than 80 million people in India are using the Biju App. At the same time, Baiju has started teaching coding to children in India as well as in America and Australia.

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