World Bank arm IFC invests $15 mn in Byju’s



corporatevaluations.in : news

World Bank arm IFC invests $15 mn in Byju’s


Date: 20-December-2016

Ed-tech startup Byju’s has raised $15 million from International Finance Corporation (IFC), the World Bank’s private-sector investment arm.“The fresh capital will mainly go into our ongoing product development activities for new markets. In addition, we will also spend significantly on branding and to add channel partners to reach out to more small cities in India as almost 70% of our users come from outside the top 10 cities,” Raveendran told VCCircle.

 
 
 
Our Offerings