International Finance solutions ( IFC ) is investing up to $ 15 m for a minority investor in Indian education firm Byju 's . The education company 's K-12 learning app launched last year and offers learning opportunities for high school students . It has nearly seven million downloads and adds 30,000 pupils a year , according to Byju 's . The funds from IFC , the investment branch of the World Bank , will help Byju 's expand its services and boost its global investment .
International Finance Corporation (IFC) is investing up to $15m for a minority stake in Indian edtech firm Byju's. The education company's K-12 learning app launched last year and offers learning programmes for high school pupils. It has nearly seven million downloads and adds 30,000 pupils a month, according to Byju's. The funds from IFC, the investment branch of the World Bank, will help Byju's expand its services and boost its technology investment.