Education Employability and Entrepreneurship
Edtech sector set for giant leap
31 Mar 2021

Edtech leader Byju raising $460 million to reach a valuation of more than $13 billion shows the momentum in the Indian edtech space. As part of the series F round, this is the first funding for the Bengaluru-headquartered firm this year. Byju had raised more than $1 billion last year as Covid pandemic led to the surge in the user base. Led by MC Global Edtech Investment Holdings LP with participation from Facebook co-founder Eduardo Saverin's B Capital, this round of capital infusion reflects strong investors' appetite for edtech players in India.

The full article was originally published on The Hans India

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