While Byju’s has reportedly raised $100 million from General Atlantic, catapulting its valuation to around $2 billion, logistics firm Gati is said to be in advanced stages of discussions with TVS Logistics to sell a controlling stake in its joint venture arm, Gati-Kintetsu Express.
Byju’s raises $100m from General Atlantic, valuation swells to $2b
Bengaluru-based education technology firm Byju’s has reportedly raised $100 million from private equity major General Atlantic. According to a source-based report in Business Standard, General Atlantic picked up a 5 per cent stake in the online tutoring firm at a valuation of around $2 billion.
