The Chan-Zuckerberg Initiative — founded by Facebook CEO Mark Zuckerberg and his wife Priscilla Chan — invested $50 million in BYJU‘s, an edtech firm based in Bangalore, India that has created a learning app for school students as well as for those aspiring to undertake competitive exams such GRE and GMAT among others.
The math and science learning app, which has 250,000 subscribers, helps students in grades 4-12 learn subjects like physics, chemistry and biology on their own. It uses original content and teaches it through a mix of video lessons, interactive activities and quizzes, reports CNN Money.
Since its launch last year, the learning app has already seen phenomenal engagement, with over 3.5 million students on its platform.
“I’m optimistic about personalized learning and the difference it can make for students everywhere,” wrote Zuckerberg. “[It’s] why 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.”
