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New Deal


Announced

Completed

MC Global Edtech Investment Holdings led a $460m Series F funding round in Byju's.

Financials

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Transaction Value£333m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales33.8x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Education Services

education courses

India

Private

Friendly

Minority

Domestic

Private Equity

Acquisition

Venture Capital

Synopsis

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MC Global Edtech Investment Holdings led a $460m Series F funding round in Byju's, an Indian multinational educational technology and online tutoring firm. The round was joined by B Capital, Baron, XN Exponent, Arison, TCDS India, T. Rowe Price, Prudential, Silver Lake, Owl Ventures, GSV, Footpath, TIGA, Disruptive Technology and Olay. The amount raised in this round will be used for working capital requirements and business expansion.

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