Byjus raised $67mn in ongoing Series F from Chan Zuckerberg Initiative & GenGlobal Bright Corp

India’s most valued edtech unicorn BYJU’s increased the size of its ongoing Series F round to $363 million at $21 billion valuation. Chan Zuckerberg Initiative, and GenGlobal Bright Corp, have joined the ongoing Series F round with $67 million infusion. This is the first investment from Google founder Larry Page's family office, made through GenGlobal Bright Corp, in the country's largest edtech startup.

Byju's is a multinational educational technology company. According to people familiar with the development, the funding will probably be concluded within a month. BYJU's raised $296 million as a part of its Series F round from Oxshott Venture Fund, Edelweiss, Verition Fund, XN Exponent Holdings, and MarketX Ventures. Byju's initial public offering, implying that the company will go public within the next 18-24 months.

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