Four investors pocket about $314m from part-exits in Byju's: Report

Byju’s founder Byju Raveendran. Photo: Mint

World’s most valued edtech startup Byju’s has managed to give handsome returns to some of its prominent backers on their investments in the company.

Sequoia Capital, Times Internet, SCHF PV Mautiritus, and Mark Zuckerberg’s philanthropic organization – the Chan Zuckerberg Initiative have together managed to take home about $314 million (Rs 2,229.53 crore) by partly selling their stakes in the Indian edtech company during FY19, Entrackr reported.

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