BYJU’S raises $150 million in latest funding round

Bengaluru-based edutech startup BYJU’S announced on Wednesday that it has received an investment of $150 million led by Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. The funding round also includes participation from Owl Ventures, an educational tech investor.

The latest funding round will support BYJU’S plans of expansion into the international market, the company said.

Byju Raveendran, BYJU’S Founder & CEO, said, “We are happy to have partners like QIA and Owl Ventures on board. Investment from prominent sovereign and pension funds validates our strong business fundamentals. Indian ed-tech firms attracting interest from eminent investors demonstrates that India is pioneering the digital learning space globally.”