BYJU’S Bags An Undisclosed Amount Of Funding From Tencent Holdings Ltd
Indian edu-tech startup BYJU'S has once again made headlines for raising an undisclosed amount of funding from China’s Tencent Holdings Ltd.
“BYJU’S has emerged as the clear leader in the Indian education-tech sector. We share BYJU’S mission of transforming education by creating personalised learning experiences for students. We are excited to be partnering with Byju on this exciting journey” said Hongwei Chen, Executive Director of Investment and M&A at Tencent.
The funding will be utilized to accelerate BYJU'S product development for new markets and enable its growth through acquisitions.
“We are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse,” said Byju Raveendran, founder and CEO, Byju’s.
Tenccent is a Hong Kong Stock Exchan...