CZI will co-invest in the $50 mn round in Byju’s along with Sequoia Capital, Sofina+ , Lightspeed Ventures and Times Internet. Byju’s was founded in 2011 as a test preparation business, helping CAT aspirants crack the exam. It expanded into other competitive exams, operating through physical classrooms.

Chan-Zuckerberg Initiative making its first investment in a Bengaluru-based learning app, Byju's

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