Social media and Tech Updates


Mark Zuckerberg is investing in an Indian education app BYJU's

Priscilla and Mark Zuckerberg CEO of social media giant is going to invest $50-million in an Indian education technology app called BYJU's. As part of the Chan Zuckerberg Initiative. And it's the first investment from the Chan Zuckerberg Initiative in Asia.

The company, founded by teacher and entrepreneur Byju Raveendran in November 2011, Cuttently BYJU's has 250,000 subscribers who use the app for an average of 40 minutes a day.

The mobile app uses a mix of original video lessons and interactive tools to help teach subjects.

Mark Zuckerberg said, We're looking forward to working with companies like BYJU's to get these tools into the hands of more students and teachers around the world.

The Chan Zuckerberg Initiative is a limited liability company founded by Mark Zuckerberg and Priscilla Chan on 1 December 2015, for the birth of their daughter, Maxima Chan Zuckerberg; with an investment of up to $1 billion in shares in each of the next three years. 

No comments:

Post a Comment