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Byju’s- 11th in the world with a valuation of around $16.5

Well-known and best Edtech company Byju’s has now become India’s most valuable unicorn with a valuation of around $16.5 billion that suppressing fintech company  Paytm’s $16 billion valuations.

According to CB Insights data, as of June 2021, Byju’s is the 11th most valuable and well-known startup in the world.

Moreover, the total number of unicorns worldwide is 708 with a valuation of almost $2319 billion. However, Chinese company Bytedence is the parent company of TikTok which is the most valuable startup in the world with a valuation of $140 billion.

Byju’s investors involve Tencent Holdings, Lightspeed India Partners, and Sequoia Capital India. Currently, raised almost $350 from UBS, private equity giant Blackstone, Abu Dhabi state fund ADQ, Phoenix Rising, and video conference firm Zoom’s founder Eric Yuan.

 The parent company of Byju’s, One97 Communications has a valuation of $16 billion with the investors like Sapphire Ventures, Alibaba Group, and Intel Capital.

Well, a unicorn company or unicorn startup is a private company with a valuation of over $1 billion. However, in June 2021, there are over 700 unicorns around the world. Popular former unicorn involving Airbnb, Facebook, and Google. The variants involve a decacorn, which is valued at more than $10 billion, and a hectocorn that valued at almost $100 billion, as per the CB Insights.

Now, Oyo Rooms has valued at around $9 billion with the investors like the SoftBank Group, Sequoia Capital India, and Lightspeed India Partners.

Moreover, the National Stock Exchange has valued almost $6.5 billion with the investors which involve TA Associates, Softbank Group, and GS Group. On the other hand, Ola cabs are valued at $6.3 billion and have investors like SoftBank Grou, Accel Partners, and Sequoia Capital.

Zomato is treasured at $5.4 billion with investors comprising Sequoia Capital and VY Capital. Additionally, another food delivery chain, Swiggy, is valued at $5 billion and its investors embrace Accel India, SAIF Partners, and Norwest Venture Partners.

Internet software company Dream11 is esteemed at $5 billion with investors involving Kaalari Capital, Tencent Holdings, and Steadview Capital.

Logistics company Udaan is valued at $ 3.1 billion and has investors comprising DST Global, Lightspeed Venture Partners, and Microsoft ScaleUp.

Fintech company Razorpay is valued at $3 billion with investors like Y Combinator, Tiger Global Management, and Matrix Partners India.

 Fintech company Pine Labs is also valued at $3 billion with investors namely MasterCard, Temasek, and PayPal Ventures.

 Logistics company Delivery is another firm that is valued at around $3 billion with investors comprising Times Internet, Nexus Venture Partners, and SoftBank Group.

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