India: Byju’s receives funding from Breakthrough Global Foundation for COVID-19 initiatives

Photo: Reuters

Edtech startup Byju’s on Monday said it has received $1 million in funding from the Breakthrough Global Foundation and Saurabh Gupta to support the company’s covid-19 initiatives in the country.

The Breakthrough Global Foundation was founded by tech investor and science philanthropist Yuri Milner and his wife Julia. Milner is also the founder of DST Global and Gupta is the managing partner of the organization. Both organizations have been actively extending support in the battle against the pandemic around the world.

DST Global is also an existing investor in Byju’s.

Remote and marginalized communities in India have been hit hard by the unprecedented second wave. In an effort to provide continuity of education that is so vital for the future of the country, Byju’s will utilize the foundation’s funds under its social impact initiative “Education for All” to support children who have lost their families due to covid-19.

Milner said, “From overcoming pandemics to generating growth, India’s–and all of humanity’s–future depends on knowledge. The Breakthrough Global Foundation is proud to support covid-19 initiative of Byju’s.”

“It’s hard to overstate the benefits of unleashing India’s human potential, for India and the world. Byju’s is leveraging advances in digital education technology to do just that,” said Gupta.

This article was first published on livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.