QIA leads $150mn investment round in Indian edu-tech firm

Qatar Investment Authority (QIA) has led a $150 million investment in BYJU’S, the world’s most valuable ed-tech company and the creator of India’s most loved learning app. The investment round also includes the participation from Owl Ventures, a leading investor in education technology and this is their first-ever investment in an Indian start-up. Chief Executive of QIA Mansoor al Mahmoud said this investment underlines the strong commitment of Qatar Investment Authority to the education sector and its focus on investing in the world’s leading innovators in the technology, media and communications industry (TMT).