The educational app developer, which counts Tencent, Naspers and BCC among its investors, raised the money at a valuation of about $8bn.

Hedge fund manager Tiger Global Management has invested $200m in Byju’s, an India-based online education provider backed by corporates Naspers and Tencent, the Economic Times reported today. The deal valued Byju’s at roughly $8bn and sources ‘indicated’ to ET that early investors may be set to exit through $100m to $200m in secondary investments in…

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