Our Investors - Know who are the investors for BYJU'S (2023)

Our Investors

Our Investors - Know who are the investors for BYJU'S (1)

Dr. Priscilla Chan and Mark Zuckerberg , Chan Zuckerberg Initiative (CZI)

Chan-Zuckerberg Initiative

The Chan Zuckerberg Initiative (CZI), founded by Mark Zuckerberg and Dr. Priscilla Chan, envisions advancing human potential and promoting equality. It is closely aligned with our value proposition. We are thrilled to be the first ever Asian company to have their backing. In the words of Vivian Wu of CZI, “The Chan Zuckerberg Initiative supports innovative models of learning wherever they are around the world. BYJU’S represents an opportunity to help even more students develop a love for learning and unlock their potential”.

Our Investors - Know who are the investors for BYJU'S (2)

G V Ravishankar, Sequoia Capital India

Sequoia Capital India

Sequoia believes in ‘helping the daring build legendary companies’. At BYJU’S we have dared to democratise access to education in India in a way that’s never been done before and make millions fall in love with learning. G V Ravishankar, Managing Director of Sequoia Capital India had stated that “BYJU’S will be India’s Biggest Education Story.” And, we are glad to have achieved that status within the two months of our partnership. Alliance with Sequoia has been extremely beneficial for us. Their team has always been extremely supportive and lent us immense guidance for the business to develop and grow.

Our Investors - Know who are the investors for BYJU'S (3)

Mary Meeker, General Partner at BOND

Bond

Bond is a venture capital firm that supports visionary founders throughout their life cycle of innovation and growth. In the words of Mary Meeker, General Partner at BOND, “We are happy to partner with an investor like BOND. This partnership is a testament to the role that BYJU’S is playing in helping students learn better by customizing our platform to their abilities. It also demonstrates the rising global interest in education technology as digital learning becomes increasingly accepted and embraced.”

Our Investors - Know who are the investors for BYJU'S (4)

Silver Lake

Silver Lake

Silver Lake is a global technology investment firm, with approximately $75 billion in combined assets under management and committed capital and a team of investment and operating professionals based in Menlo Park, New York, London, Hong Kong, Cupertino and San Francisco. In the words of Greg Mondre, Co-CEO of Silver Lake, “We are delighted to lead this investment and partner with Byju and his impressive team of education technology pioneers in their mission to help children in India and around the world achieve their true potential. We look forward to working with them as BYJU’S builds on and accelerates its compelling growth trajectory by forging new partnerships and continuing to cultivate a comprehensive ecosystem of innovative educational offerings.”

Our Investors - Know who are the investors for BYJU'S (5)

BlackRock

BlackRock

BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, BlackRock is the world’s largest asset manager, with $7.81 trillion in assets under management as of end-Q4 2020. At BYJU’S, partnerships like these reaffirm our commitment to build and transform the global learning landscape through technology, innovation and quality pedagogy.

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Sands Capital Management

Sands Capital is an active, long-term investor in leading innovative businesses, globally. Their approach combines rigorous fundamental analysis with inspired thinking to identify innovative, high-quality businesses that are creating the future. Through strategies designed to concentrate investment in these businesses, Sands Capital serves the long-term growth objectives of institutions and fund sponsors in more than 40 countries. We are delighted to have them on board.

Our Investors - Know who are the investors for BYJU'S (7)

Alkeon Capital Management, LLC

Alkeon Capital Management

Alkeon Capital Management, LLC is a privately owned registered investment adviser. The firm invests in the global equity markets and employs long and short equity strategies to make its investments. Alkeon Capital Management was founded in 2002 and has offices in New York, San Francisco and Hong Kong. We are thrilled to partner with them on our journey to revolutionize education.

Our Investors - Know who are the investors for BYJU'S (8)

Maxence Tombeur, Sofina

Sofina

Sofina has shown its belief in the company which is changing the way the world will learn. It has backed us at a time where we are accelerating to the next level. We are happy that Maxence Tombeur shares our vision of revolutionising education and is there to guide us.

Our Investors - Know who are the investors for BYJU'S (9)

Nicholas Cator, Executive Director, Verlinvest

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Verlinvest

Verlinvest is a private Belgian family investment company, specializing in growth capital. One of the largest private investors in branded consumer companies in the F&B, retail & hospitality, consumer digital and education segments, we are delighted to have them on board. Nicholas Cator, the Executive Director at Verlinvest says, “We are very happy to partner with the talented team at BYJU’S to expand in India and abroad. A 1:1 learning experience is a dream ratio, and BYJU’S offers personalized learning to an extent which we haven’t seen in any product across the globe. We look forward to supporting the management team to expand to new markets and to further build the brand.”

Our Investors - Know who are the investors for BYJU'S (10)

Hongwei Chen, Executive Director of Investment and M&A at Tencent

Tencent

Tencent believes in evolving with the Internet by investing in innovation, providing a mutually beneficial environment for partners and staying close to users. Every day, hundreds of millions of people communicate, share experiences, consume information and seek entertainment through their integrated platforms. Our shared vision of transforming education has helped leverage our expertise in creating effective tech-enabled learning programs and create unique learning programs for students globally. Hongwei Chen, Executive Director of Investment and M&A at Tencent says, “BYJU’S has emerged as the clear leader in the Indian education-tech sector. We are excited to be partnering with Byju Raveendran on this exciting journey.”

Our Investors - Know who are the investors for BYJU'S (11)

Russell Dreisenstock, Head of International Investments, Naspers Ventures

Naspers Ventures

Naspers is a global internet and entertainment group and one of the largest technology investors in the world. Russell Dreisenstock, Head of International Investments, Naspers Ventures says, “Naspers partners with high-potential companies that are tackling big societal needs like education, which represents a significant sector ripe for disruption across the globe”. He believes that BYJU’S is perfectly positioned to provide an effective complementary education solution for students across India. The partnership will enable the company’s success in India to translate across borders in any country where students are looking for an innovative and engaging form of education beyond the classroom.

Our Investors - Know who are the investors for BYJU'S (12)

Canada Pension Plan Investment Board (CPPIB)

Canada Pension Plan Investment Board (CPPIB)

Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization and has invested $8 billion of capital in India across multiple sectors. This partnership will propel our long-term sustainable growth plan across content, subjects, languages and geographies. In the words of Frank Su, Head of Private Equity Asia at CPPIB, “BYJU’S is a leader at the intersection of education and technology and has established a market-leading position. We are excited about the investment, and look forward to a successful partnership in the future.”

Our Investors - Know who are the investors for BYJU'S (13)

Sandeep Naik, Managing Director and Head of India & Asia-Pacific, General Atlantic

General Atlantic

We are happy to have General Atlantic as one of our strong partners. This global growth equity firm, headquartered in New York will help us strengthen our vision to build world’s most personalized and unique learning products for students across grades. This partnership will help us boost our product and tech R&D and expand into newer markets. “General Atlantic firmly believes in helping high quality companies achieve long-term success. We are confident that BYJU’S will redefine the learning landscape for students globally,” says Sandeep Naik – Managing Director and Head of India & Asia-Pacific for General Atlantic. We are excited to work with General Atlantic and further our mission of making millions fall in love with learning.

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Our Investors - Know who are the investors for BYJU'S (14)

Scott Shleifer, Partner, Tiger Global Management

Tiger Global

Tiger Global’s is a leading investor in global Internet, technology, telecom, media consumer and industrial sectors. Scott Shleifer, Partner, Tiger Global says, “BYJU’S has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India. We are excited to support Byju and the team.”

Our Investors - Know who are the investors for BYJU'S (15)

Mansoor Bin Ebrahim Al Mahmoud, Chief Executive Officer, Qatar Investment Authority

Qatar Investment Authority

QIA is known as a world class investor, with a strong track record of investing in different asset classes, from listed securities, property, in all the major capital markets as well as the newer emerging markets. Mansoor Al-Mahmoud, CEO of Qatar Investment Authority says, “This partnership with BYJU’S, underscores QIA’s strong commitment to the education sector and our focus on investing in leading innovators globally.”

Our Investors - Know who are the investors for BYJU'S (16)

Amit Patel, Managing Director, Owl Ventures

Owl Ventures

Owl Ventures is a Silicon Valley based venture capital fund that invests in the world’s leading education technology companies. Amit Patel, Managing Director, Owl Ventures says, “BYJU’S has been at the forefront of providing quality auxiliary education to new-age learners in India. This new partnership with BYJU’S reinforces our commitment to creating the best and most unique learning journeys for every student.”

Lightspeed Venture Partners

Lightspeed is known for backing several education technology companies in the US, China and India. Dev Khare, Managing Director, Lightspeed India Partners Advisors states, “I am confident that BYJU’s market leading offerings are unique and transformational. Their products are specifically geared with a differentiated pedagogy to the needs of India’s 250 million students.” We are humbled and encouraged by his vote of confidence to do better and more.

Our Investors - Know who are the investors for BYJU'S (18)

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Satyan Gajwani, Vice Chairman, Times Internet

Times Internet

Times Internet sees us as the company whose mission is to empower everyone who aspires to learn. It is exciting to be backed by Satyan Gajwani, Vice Chairman, Times Internet at a time when we are working towards expanding our presence across national and international geographies.

Our Investors - Know who are the investors for BYJU'S (19)

Left to Right: Ranjan Pai & Mohandas Pai, Aarin Capital

Aarin Capital

Ranjan Pai and Mohandas Pai of Aarin Capital (Manipal Group) have backed us and guided us. They have always believed in our vision of revolutionizing and transforming the learning sphere and have supported us at every step.

Our Investors - Know who are the investors for BYJU'S (20)

Ruchira Shukla, Regional Lead, Venture Capital Investments at IFC

IFC

IFC plays a critical role in driving economic and social development in the country. Thus, education is an important sector for them. Partnering with IFC has helped us to further accelerate our efforts to make quality education accessible for students across the nation as well as in international markets. Ruchira Shukla, Regional Lead, Venture Capital Investments at IFC, says, “IFC’s venture capital strategy in the EduTech space is focused on technology enabled learning platforms for academic improvement, skill development platforms as well as supplemental and low cost education solutions. BYJU’S is the market leader in the 4-12 segment offering engaging content and building conceptual clarity by identifying and addressing students’ learning gaps.”

BYJU’S In News


FAQs

Who is BYJU's investors? ›

Byju's has raised a total funding of $5.5 billion from investors like Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, General Atlantic, Tiger Global, and QIA. The firm has over 150 million learners.

Who is the biggest Investor In BYJU's? ›

Byju's investors
DateInvestorsAmount
Mar 2019General Atlantic Tencent$11.5m Valuation: $4.0b
Jul 2019Qatar Investment Authority$150m Valuation: $5.8b
Jan 2020Tiger Global Management$200m Valuation: $7.8b
Jun 2020Bond$23m Valuation: $10.5b
23 more rows

How does BYJU get funding? ›

BENGALURU -- India's largest online education startup, Byju's, has raised $250 million from a clutch of existing investors, including Qatar's sovereign wealth fund, the company announced on Monday, just a week after it said it was cutting about 2,500 jobs.

Is SRK an investor in Byjus? ›

Shah Rukh Khan, one of India's biggest film stars, has been the brand ambassador of the startup since 2017. According to sources, SRK gets Rs 3-4 crore annually for endorsing Byju's.

Is BYJU's overvalued? ›

Perring said at the time that Byju's business was “unsound” and “overvalued.” Sofina Group has invested just over US$1 billion in the edtech firm, which represents 12% of its investment portfolio.

Is BYJU's a listed company? ›

Byju's is planning to launch its initial public offering in the next 18 to 24 months.

Is BYJU's company in loss? ›

New Delhi: Days after reporting a loss of Rs 4,564 crore in the 2021 fiscal, Byju's founder and CEO has told employees that India's most valuable startup has already started shifting focus toward profitable growth and revenue of $2 billion was within its sights.

Who owns Byjus now? ›

2022 India's Richest Net Worth

Byju Raveendran cofounded online edtech company Byju's in 2011 with his wife Divya Gokulnath. Raveendran has a significant stake in Byju's, together with wife Divya Gokulnath and brother Riju Raveendran.

Is BYJU's funded by China? ›

“We are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse," said Byju Raveendran, founder and CEO, Byju's. Tencent Holdings is a Hong Kong Stock Exchange-listed holding firm that owns a plethora of companies in the media, entertainment and internet commerce space.

Which company first invested in BYJU's? ›

Owl Ventures is a Silicon Valley based venture capital fund that invests in the world's leading education technology companies. Amit Patel, Managing Director, Owl Ventures says, “BYJU'S has been at the forefront of providing quality auxiliary education to new-age learners in India.

How many shares does BYJU's have? ›

The shareholding pattern held by various individuals is 82.51 per cent. Byju's founder and Chief Executive Officer Byju Raveendran holds 50.34 per cent.

Why did BYJU fail? ›

The company's quick international expansion and aggressive acquisition strategy have caused doubts in investors, according to the report. Meanwhile, Byju's has also cut staff and budgets as the EdTech sector has been hit hard by students returning to physical schools.

Is BYJU's in profit? ›

Byju's, which is valued at $22 billion, said last week it had earned Rs 2,428 crore in revenues in FY21 and incurred a loss of Rs 4,588 crore. The adjusted revenue of Byju's in FY20 was Rs 2,511 crore and the adjusted loss was Rs 300 crore.

Is Byjus a startup? ›

He is India's youngest billionaire with a net worth of $3.05 billion as per the Forbes list of India's 100 Richest People (2020). BYJU's The Learning App was launched in 2015 and is currently noted as the most valuable startup from India with a valuation of $22 bn.

What is the salary of BYJU's? ›

Salaries at Byju's range from an average of ₹331,810 to ₹1,579,271 a year. Byju's employees with the job title Software Engineer make the most with an average annual salary of ₹868,593, while employees with the title Business Development Executive make the least with an average annual salary of ₹376,040.

How many employees does BYJU have? ›

Byju's is expected to lay off around 2,500 employees – around 5% of its 50,000- strong workforce – as it looks to achieve profitability by March 2023, the company said last week.

What is BYJU's full name? ›

Byju Raveendran is the founder of edutech start-up Byju's. Son of physics and mathematics teachers from Azhikode village in Kannur district of Kerala, Raveendran is a former teacher who turned an entrepreneur.

Who owns Byjus now? ›

2022 India's Richest Net Worth

Byju Raveendran cofounded online edtech company Byju's in 2011 with his wife Divya Gokulnath. Raveendran has a significant stake in Byju's, together with wife Divya Gokulnath and brother Riju Raveendran.

Which company owns Byjus? ›

Byju's, owned and operated by Think & Learn Pvt Ltd, announced its much delayed financial results for the financial year 2020-21 on September 14. The company's consolidated losses widened nearly 20 times to Rs 4,588.75 crore for the financial year ended March 2021 from Rs 231.69 crore in FY20.

Is BYJU's funded by China? ›

“We are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse," said Byju Raveendran, founder and CEO, Byju's. Tencent Holdings is a Hong Kong Stock Exchange-listed holding firm that owns a plethora of companies in the media, entertainment and internet commerce space.

Which company first invested in BYJU's? ›

Owl Ventures is a Silicon Valley based venture capital fund that invests in the world's leading education technology companies. Amit Patel, Managing Director, Owl Ventures says, “BYJU'S has been at the forefront of providing quality auxiliary education to new-age learners in India.

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