New Delhi: As another round of fund raising, the education technology start-up Byju’s has garnered investment from BOND, Mary Meeker-led tech investment entity. Though, financial contours of the deal are not known, with the latest investment, Byju’s is estimated to value at $10.5 billion.
Mary Meeker’s tech investment firm BOND has invested in edtech company Byju’s, marking its first investment in India, the Indian startup said today.
Earlier in February this year, the company raised $200 million from General Atlantic and Tiger Global.
“Endorsed by millions of students, BYJU’S has emerged as a clear leader in education technology,” said Mary Meeker, General Partner at BOND. “We are excited to support a visionary like Byju and his team in their quest to continue to innovate and shape the future of education”.
Meeker worked with Morgan Stanley for 20 years as a star tech analyst and then moved to leading Venture Capital firm Kleiner Perkins in 2010. Later in the year, Meeker launched her own fund, Bond Capital.
Other investors into the firm include China’s Tencent, South Africa’s Naspers and the Canadian Pension Plan Investment Board
