Mark Zuckerberg leads $50 million investment in Indian education startup

Read full story

13667808_10155167573294625_7785635453769827116_oByju

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."

14195191_10103091851925751_1709352147349914635_oThe Byju app.Byju

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.

NOW WATCH: Here's the first thing Mark Zuckerberg does every morning

Add Comment()

Comments ()

X
Sort By:
Be the first one to comment.
We have sent you a verification email. This comment will be published once verification is done.