“Byju’s raises $540 million from Naspers and CPPIB: Education startup Byju’s has raised $540 million in a round led by Naspers, with participation from Canada Pension Plan Investment Board (CPPIB),” reported Medianama.

Shardul Amarchand Mangaldas & Co advised Byju (Think and Learn Pvt. Ltd) led by a team of partner Amit Khansaheb; partner Roshan Thomas; principal associate Prateek Lala; associate Siddharth Madhavan.

Trilegal advised Naspers led by a team including Naspers was advised by Trilegal led by partner Yogesh Singh, counsel Nitika Chhabra, senior associate Ramya Suresh and associate Deepika Yadav; Trilegal tax partner Samsuddha Majumdar, senior associate Komal Dani and associate Manan Jain on taxation aspects; technology partner Nikhil Narendran and associate Jishnu Sanyal advised on IT/IPR aspects.

Gunderson Dettmer partner Jonathan C Pentzien and associates Laura E Hansell and Sean G Traynor also advised Naspers.

AZB & Partners advised the Canada Pension Plan Investment Board (CPPIB), with a team led by partners Darshika Kothari and Arvind Ramesh and senior associates Medha Marathe and Palak Khandelwal.

In 2017, Byju had instructed ALMT Legal to assist it on an acquisition.

2018-12-12

Deal value: US$ 540 million

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