ADQ to invest in Byju's.

Synopsis

Abu Dhabi Development, a state holding company, agreed to invest in Byju's, an Indian educational technology and online tutoring firm. Financial terms are not disclosed. "We met Byju in 2020 and were floored by his story. Honored to now be a part of it," Mayank Singhal, ADQ Head of Venture Capital and Technology.

Principals

target

BYJU'S

bidder

Abu Dhabi Development Corporation (adq)

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Market Context

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Seller Team (1)

byju raveendran

Founder and CEO at BYJU'S

Manager

target

Deals

£ 4.64 B

Total Value

Bidder Team (1)

mayank singhal

Head of Venture Capital and Technology at ABU DHABI DEVELOPMENT CORPORATION (ADQ)

Investor

bidder

Deal

n/a

Total Value

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