The BCC, Naspers and Tencent-backed educational services provider secured the funding in a tranche of its series F round, valuing it at over $13bn.

Byju’s, an India-based online education service backed by corporate investors Bennett Coleman & Co (BCC), Naspers and Tencent, has received Rs 33.3bn ($457m) in series F funding, Entrackr reported on Sunday.

Investment firm MC Global Edtech Investment led the close, which included Arison Holdings, two vehicles for venture capital firm B Capital Group, Baron Emerging Market Fund, Baron Global Advantage Fund, TCDS, Tiga Investments and XN Exponent Holding, according to a regulatory filing seen by Entrackr.

The deal valued the…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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