Zuckerbergs lead $50 mn investment in BYJU's

The investment to be used for expansion

Facebook founder Mark Zuckerberg's investment arm for education and healthcare, the Chan Zuckerberg Initiative, has made its first investment in Asia in BYJU's, a Bengaluru-based education technology firm.

The $50 million commitment saw funding from investors such as Sequoia Capital, Sofina and Lightspeed Ventures, and Times Internet. The investment would be used for expansion, BYJU's said in a statement.

Vivian Wu, who manages Zuckerberg's education venture, will join BYJU's board. This is the first investment in Asia from the Chan Zuckerberg Initiative, which was founded by Zuckerberg and his wife Priscilla Chan. It was launched to advance human