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New Deal


Announced

ADQ to invest in Byju's.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Acquisition

Minority

Friendly

Education Services

education courses

India

Cross Border

Single Bidder

Pending

Synopsis

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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.

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