New Delhi: Byju’s, an online education start-up, has raised an undisclosed amount from China’s Tencent Holdings Ltd. This makes our strong investor portfolio even more diverse,” said Byju Raveendran, founder and CEO, Byju’s. We share Byju’s mission of transforming education by creating personalized learning experiences for students,” said Hongwei Chen, executive director of investments and M&A at Tencent. Started by Raveendran in 2011, Byju’s offers visual and text-based study material for students in schools and those preparing for competitive exams. Earlier this month, Byju’s acquired TutorVista and Edurite, two education tech start-ups, from global educations services firm Pearson Plc.

Source: Mint July 25, 2017 12:56 UTC