Online learning company Byju's has raised close to US$460 million (about Rs 3,328 crore) in an ongoing Series F round led by MC Global Edtech Investment Holdings LP, The Economic Times reported. MC Global Edtech led the current round with an investment of $225 million (about Rs 1,628 crore) for a 1.73% stake in the company. The round also saw participation from Facebook cofounder Eduardo Saverin's B Capital, among other investors. B Capital's investment totalled $77 million (or Rs 561 crore) for a 0.59% stake in the company. Other investors include Tiga Investments, TCDS (India) LP, Arison Holdings, XN Exponent Holdings, Baron Emerging Markets Fund and Baron Global Advantage Fund. The holding of the promoters' group in Byju's, which includes founder Byju Ravichandran and his family, is now down to 26.09%. While this is Byju's first fundraise in 2021, the…
