Qatar Investment Authority leads Byju’s $150-m funding

Ed-tech start-up Byju’s announced that it has received an investment of $150 million led by Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, with participation from Owl Ventures.

This new round will support Byju’s aggressive plans of expanding in international markets and creating world-class learning products for students across the globe. This is the first primary investment from QIA and Owl Ventures in India, that aims at boosting innovation in the tech-enabled learning space.

“We are happy to have strong partners like QIA and Owl Ventures on board with us. Investment from prominent sovereign and pension funds validates our strong business fundamentals and demonstrates that India is pioneering the digital learning space globally” said Byju Raveendran, founder and CEO, Byju’s.