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MARK-ZUCKERBERG FOUNDATION TO INVEST IN INDIA'S BYJU'S IN ASIA

  • Writer: Editor Desk
    Editor Desk
  • Sep 9, 2016
  • 1 min read

The Chan-Zuckerberg Initiative (CZI), founded by Facebook founder Mark Zuckerberg and his wife,Priscilla Chan, is making its first investment in Asia in Bengaluru-based Byju's, a learning app.CZI will co-invest in the $50-million round in Byju’s along with Sequoia Capital, Sofina , lightspeed Ventures and Times Internet, the digital arm of the Times Group. Byju's had raised $75 million from Sequoia and Sofina in March this year.

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