BYJU'S GETS $122M FROM TECH BILLIPNAIRE YURI MINER'S FUND DST GLOBAL

BYJU'S GETS $122M FROM TECH BILLIPNAIRE YURI MINER'S FUND DST GLOBAL

Homegrown education technology unicorn Byju's has raised $122million fromtech billionaire yuri milner's investment fund DST global.
silicom valley investor mary meek's bond capital chipped in $23million at a $10.5billion valuation.
BYJU'S has alloted 42,666 series F preferences shares to DST global for Rs908.9cr, documents filed with ministry of corporate affairs showed.
BYJU'S has so far in the year raised around $550 million,with tiger global&general Atlantic ploughing in $200 million.
Investor interest in the company has been piqued after registered users grew to 57million & it enrolled over 3.5million paid subscribers quickly.
BYJU'S said it was currently adding over 300000 new subscribers every month,as schools continue to remain shut across india.
BYJU'S isn't the only edtech film that has reaped the benefits of high growth during the pendamic.

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