Tencent, BCC and Naspers-backed study materials provider Byju's reportedly hiked its valuation to $16.9bn in the round, which was led by Asmaan Ventures.

Byju’s, an India-based online education provider that counts corporates Naspers, Tencent and Bennett Coleman & Co (BCC) as investors, has received about $150m in series F funding, Entrackr reported today.

The round was led by Asmaan Ventures and included Mirae Asset and Ark Ncore, according to a regulatory filing. Entrackr estimated the capital was raised at a $16.9bn post-money valuation.

Founded in 2011, Byju’s offers a wide range of practice exams and study materials across a wide range of ages…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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