The Naspers, Tencent and BCC-backed online education provider's series F round now stands at just over $1.5bn, valuing it at roughly $15bn.

Byju’s, the India-based online education provider that counts corporates Tencent, Naspers and Bennett Coleman & Co (BCC) as investors, has secured over $1bn in funding, the Economic Times has reported, citing regulatory filings.

Baron Funds, B Capital Group and XN Exponent Holding co-led the transaction, which included Silver Lake Management, Owl Ventures, T Rowe Price, Disruptive Technology Solutions, Footpath Ventures, Prudential Assurance Company, GSV and Olay and Investments.

Baron Funds, B Capital Group and XN Exponent had joined investors including…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.