Karunn Kandoi — Edtech startup ApplyBoard raises $300M at a valuation of $3.2B
The edtech platform, ApplyBoard, has raised an investment of $300 million at a valuation of $3.2 billion. A significant part of this funding will be utilised to expand its operations and team in India. ApplyBoard , an edtech platform that aims to empower students around the world to access top-quality education, today announced it has raised $300 million in Series D funding at a post-money valuation of $3.2 billion . According to a statement shared by the company, a significant share of the funding raised will be utilised to expand its operations and team in India. The round was led by Ontario Teachers’ Pension Plan Board (Ontario Teachers’) through its Teachers’ Innovation Platform (TIP). Existing investors Fidelity Management & Research Company LLC, BDC, Harmonic, Index Ventures, Garage Capital, and Blue Cloud Ventures also participated in the round. Since its founding, ApplyBoard has raised $475 million. The company stated th...