Ltd) has raised about $30 million from Brussels-based family office Verlinvest, in a move that will give the company significant firepower to expand business, two people aware of the development said. “Verlinvest is coming in at a higher valuation than the last round, at about $600 million. The company had raised about $75 million from Sequoia Capital and Belgian family office Sofina in March 2016. In December, the company raised another $15 million from World Bank arm International Finance Corp.Byju’s also raised an undisclosed amount in venture debt from InnoVen Capital. This takes total capital infusion in Byju’s last year to at least $160 million.

Source: Mint March 28, 2017 14:31 UTC