Booming education startup Byju’s is set to acquire fresh funds accounting to $200 million from US based investors T Rowe Price and BlackRock for a valuation of $12 billion. In September, the company raised financial assistance of $500 million from technological firms like Silver Lake Partners, DST Global and others at a mere valuation of $11 million. Started in 2007, Byju’s was an offline coaching class which later dominated online coaching institutes in India.
