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Byju’s mops up $50 Mn from two new investors IIFL and Maitri Edtech

Shortpedia

Content Team
Image Credit: shortpedia

Byju’s appears always to be in a fundraising mode. After mopping up over $340 million last week from a clutch of investors, the company has now raised another $50 million from two new investors – India Infoline Finance Limited and Maitri Edtech. IIFL has led the fresh tranche with $35 million or Rs 255 crore whereas Delaware-based Maitri Edtech has put in $15 million or Rs 108.5 crore.