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Byju's raises $540 million, becoming world's most valuable education-technology firm

Naspers, Canadian state pension fund invests in Indian start-up

MUMBAI (NewsRise) -- Byju's, the Indian online tutorial provider, raised $540 million from South Africa's Naspers and Canadian state pension fund, as venture capitalists continue to bet on the nation's fast-growing startups.

"The company has aggressive plans for international market expansion and will make bold investments in technology that will help to further personalize learning for students," Byju's said in a statement.

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