Thursday, January 9, 2020

Tiger Global invests $200M in Bangalore-based Byju at $8B valuation, sources say secondary transactions at ~$100-200M may soon provide exits to early backers (Biswarup Gooptu/The Economic Times)

Biswarup Gooptu / The Economic Times:
Tiger Global invests $200M in Bangalore-based Byju at $8B valuation, sources say secondary transactions at ~$100-200M may soon provide exits to early backers  —  New York-based Tiger Global Management has invested $200 million in education app Byju's, valuing the Bengaluru-headquartered company at about $8 billion.



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YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)

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