The Commerce Department on Friday added facial recognition company DeepGlint (also known as Beijing Geling Shentong Information Technology Co, Ltd) in its entity list, which restrict US firms from doing business
Launched in 2015, Byju's has over 80 million students cumulatively learning from the app, 5.5 million annual paid subscriptions, and an annual renewal rate of 86 per cent.
This latest capital infusion comes shortly after the company's $21 million Series C round in July 2020, bringing the total equity capital raised by the company to $193 million.