Educational app developer Byju's has increased a round now revealed as a combination of primary and secondary shares to $540m, with Naspers Ventures leading.
E-commerce and media group Naspers confirmed today it has led a $540m primary and secondary round for India-based learning app developer Byju’s that included Canadian Pension Plan Investment Board.
The corporate made its investment through corporate venturing unit Naspers Ventures, according to reports last week. General Atlantic put up $100m for the round in October 2018, and it valued Byju’s at $3.6bn to $3.7bn.
Founded in 2011, Byju’s provides a mobile app that combines teaching, videos and interactive…
