Announced
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Synopsis
ADQ led a $350m round in Byju's. Additional investors included Blackstone, Beacon Holdings, UBS and Eric Yuan. Launched in 2015, Byju’s has over 80m students cumulatively learning from the app, 5.5m annual paid subscriptions, and an annual renewal rate of 86%. It is reported that the company’s revenue doubled in the financial year ended March 2021 from the previous year.
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