Tencent funding values Indian startup Byju's at $800 million
Asia's highest-valued tech company Tencent has invested an undisclosed amount in online education service Byju's, valuing the Bengaluru-based startup at $800 million. Tencent's other investments in India include e-commerce major Flipkart, healthcare startup Practo, and chat app Hike. Founded in 2008 by Byju Raveendran, Byju's counts the Chan Zuckerberg Initiative and Sequoia among its investors.