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India's Byju's Education Platform Raises $150M Round For Global Expansion

by venturebeat.com posted 1week ago 14 views
Indian ed-tech firm Byju’s has raised $150 million in funding in a round led by the Qatar Investment Authority. Byju’s recently acquired augmented reality kids game maker Osmo for $120 million, which has a big audience among kids in the U.S., as part of a global expansion. The new round will help Bengaluru, India-based Byju’s expand faster. The Qatar Investment Authority is the sovereign wealth fund of the State of Qatar. The round also includes the participation from Owl Ventures, an education technology investor. This is Owl’s first investment in an Indian company.

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