Byju'S Raises Another $50 Million Led By Iifl
06/21/21, 1:45 PM
Location
Money raised
$50 million
Edtech firm Byju's has raised $50 million in a Series F round from IIFL's private equity fund and Maitri Edtech, according to the latest regulatory filings sourced through business intelligence platform Tofler. IIFL led the round with a $35 million investment, while Maitri Edtech invested $15 million.
Company Info
Location
abu dhabi, abu dhabi emirate, united arab emirates
Additional Info
The company has over 95 million registered students on its app, according to a recent press statement. “This integration of Google Workspace for Education with Byju’s will offer a collaborative and personalised digital platform for classroom organisation, available for free to participating educational institutions,” the company said.