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Byju'S Raises Another $50 Million Led By Iifl

Jun 21, 2021over 4 years ago

Amount Raised

$50 Million

Abu Dhabi

Description

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 Information

Company

Byju's

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

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.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech