Byju’s gets $122m from tech billionaire Yuri Milner’s fund DST Global

Edtech unicorn Byju’s raised $122 million from tech billionaire Yuri Milner’s investment fund DST Global as part of its ongoing funding round, and has allotted 42,666 Series F preference shares to DST Global for Rs 908.9 crore, as per documents filed with the MCA.

It hopes to raise as much as $400 million in the ongoing round, sources told ET. It was unclear whether DST Global and other investors were also purchasing secondary shares and at what valuation.

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