Byju's raises $460 mn in ongoing Series F round led by MC Global Edtech

As reported earlier, Byju's is in talks to raise up to $700 million from new and existing investors in a fresh funding round

Edtech decacorn Byju’s has raised about $460 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP. The Bengaluru-based company has now raised over $1 billion in the ongoing fiscal year of FY21.
 
The company has approved the allotment of 140,233 Series F CCPS (compulsory convertible preference shares) at a face value of Rs 10 and a premium of Rs 237,326 per share to raise the sum, regulatory filings show, according to Entrackr, a platform that tracks tech companies.
 
As reported earlier, Byju’s is in talks to raise up to $700 million from