The company's market valuation jumped Rs 37,782.85 crore to Rs 14,07,886.65 crore in morning trade on the BSE.
The stock jumped 1.52 per cent to Rs 2,139.10 on the BSE. At the NSE, it rose by 1.50 per cent to Rs 2,138.75.
This has brought online learning to the forefront and is helping parents, teachers and students experience and understand its value.
Silver Lake's investment will translate into a 1.75 per cent equity stake in RRVL on a fully diluted basis.
Byju's said the fresh funding round saw participation from Silver Lake, and existing investors Tiger Global, General Atlantic and Owl Ventures.
Analysts are looking at a Jio IPO listing sometime next year, which may quickly lead to a jump in its valuation to a $100-billion company and give existing investors more muscle.
The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at its oil-to-telecom conglomerate, Reliance Industries Ltd.