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Byju’s raises $122 Mn from DST Global

Shortpedia

Content Team
Image Credit: shortpedia

The coronavirus pandemic has boosted the fortunes of edtech companies. Continuing its fundraising spree, segment poster boy Byju’s has just raised a fourth funding tranche in its ongoing Series F round from DST Global. The investment fund floated by Russian billionaire Yuri Milner has invested $122 million or Rs 909 crore in the Bengaluru-based edtech firm. Byju’s was reportedly in talks with VC firm to raise around $400 million.