Existing investors Tencent and General Atlantic have supplied up to $11.4m of additional funding for Byju's, which was valued at at least $3.6bn as of December.
India-based online education provider Byju’s has received Rs 750m to Rs 800m ($10.7m to $11.4m) of funding from investors including internet group Tencent, the Economic Times reported on Monday.
Tencent was joined by growth equity firm General Atlantic, which provided $4.8m of the funding, according to a regulatory filing seen by Paper.vc.
Byju’s runs an online education platform that had 1.3 million paying users as of December 2018, founder Byju Raveendran told TechCrunch. He also said it was adding some…