DST Global has injected $122m to push the Tencent, Naspers and BCC-backed online education platform’s series F funding to more than $145m.
Byju’s, an India-based online tutoring service backed by corporates Bennett Coleman & Co (BCC), Naspers and Tencent, has raised $122m from investment firm DST Global, the Economic Times has reported.
The funding will be added to an investment by Bond Capital in June this year that was sized at $23.5m and which increased Byju’s valuation to $10.5bn. Both investments are part of an ongoing series F round with a target size of $400m.
Overseen by holding company Think and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
