Indian edtech startup Byju's raises funding from Tencent

Bengaluru-based education technology startup Byju's has raised an undisclosed amount of funding from Chinese internet conglomerate Tencent. In September 2016, Byju's had raised about ₹320 crore from a clutch of investors including Chan Zuckerberg Initiative and Sequoia Capital. Byju's also acquired edtech platforms TutorVista and Edurite from Pearson earlier this year.