Ed-tech start-up BYJU’S has raised $500M in a fresh round of funding from Silver Lake. The round also saw participation from existing investors including Tiger Global, General Atlantic and Owl Ventures. The new round values BYJU’S at $10.8B, up from its last valuation of $10.5B. Media reports state that there are more new international investors who are expected to fund BYJU’S in the next few quarters.
VR, AR are often confused to be the same. While VR provides a complete immersion into pseudo surroundings, AR places virtual objects on the real-world objects. In the education sector, VR doesn’t necessarily contribute to enhance the learning procedure. Also, tools are expensive, inaccessible to everyone. Conversely, simple, complex AR tools enhance the learning experience. Eg: viewing car engines using AR.