The Chan Zuckerberg Initiative has invested $50m in Indian education technology start-up BYJU after announcements that close to 80% of parents have claimed that the app has significantly improved their children’s learning. In a blog post on Monday, Facebook founder Mark Zuckerberg, who is also chairman and CEO of Facebook, said he was “excited about this new initiative from BYJU” which will help improve learning for
The Chan Zuckerberg Initiative has invested $50m in Indian education technology start-up BYJU after announcements that close to 80% of parents have claimed that the app has significantly improved their children’s learning. The Indian edtech market is expected to be valued at $2.5bn with an annual growth rate of 15% over the coming years.