Mark Zuckerberg leads $50 million investment in Indian education startup
Byju
Part of the Byju team.
Mark Zuckerberg has invested in Byju, an Indian education startup that teaches kids subjects like math and science with a mobile app.
Zuckerberg's philanthropic organization, the Chan Zuckerberg Initiative, is leading the $50 million investment, along with other venture capital firms, according to The Economic Times.
It's the second investment Facebook's CEO has made through the Chan Zuckerberg Initiative, a company he owns with his wife, Priscilla Chan.
Byju previously raised $75 million in March.
"I'm optimistic about personalized learning and the difference it can make for students everywhere," Zuckerberg said on his Facebook page on Thursday. "That's why it's a major focus of our education efforts, and why we're looking forward to working with companies like BYJU's to get these tools into the hands of more students and teachers around the world."
Byju The Byju app.
The Chan Zuckerberg Initiative previously invested $24 million in Andela, an African startup that teaches people how to code.
Facebook wasn't immediately available to comment.
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