Byju’s has raised Rs 3,328.23 crore in its ongoing Series F round. While this is the maiden investment round for the Bengaluru-based company in 2021, it has gathered a little over $1 billion in the ongoing financial year. The company has approved the allotment of 1,40,233 Series F CCPS at a face value of Rs 10 and a premium of Rs 2,37,326 per share to raise the sum, regulatory filings show.
The fresh tranche was led by MC Global Edtech Investment Holdings LP, which invested $224 million, almost half of the total tranche. A total of nine investors have participated with its global and Asia subsidiaries, has put in around Rs 560 crore.
