New Delhi/Bengaluru: Online learning startup Byju’s (Think & Learn Pvt. Ltd) has raised a fresh round of funding from Bond, a global technology investment firm co-founded by Mary Meeker, at a valuation of $10.5 billion.

The funding amount was not disclosed.

The latest funding comes after Tiger Global had invested $200 million in Byju’s in January, valuing the ed-tech platform then at around $8 billion.

The new funding makes Byju’s the second most valued startup in India, overtaking hospitality startup Oyo, which was last valued at $10 billion.

Paytm was valued at $16 billion late last year when it raised its $1 billion Series G round.

The fresh fundraise from Bond comes at a time when the edtech startup has been stepping-up hiring. Mint reported on Thursday that Byju’s is set to hire around 4,000 employees in the next six months as demand for its online courses skyrocketed since the lockdown in March.