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Bjyus Raises Funds From China’s Tencent
Byju Ravindran’s edutech startup Byjus has raised a new round of funds from China based investment company Tencent Holdings Ltd. According to an official statement, this undisclosed amount will be used to accelerate product development for new markets and enable inorganic growth through acquisitions. However, VCCircle reported Tencent has invested around $ 35 million (Rs. 225 crores) and the company was valued around $ 776 million (Rs. 5,000 crores) in this round.
The online education startup recently raised $ 30 million from Brussels based fund Verlinvest and acquired two US based education startups from Pearson, earlier this month. Livemint reported the Verlinvest round of funding was closed at a valuation of $ 600 million.
Founded in 2011, the company turned profitable last year and has seen more than 100% growth, with revenue growing from Rs. 115 crores to Rs. 260 crores in the financial year 2016 – 2017. The company also saw a $ 50 million investment from Mark Zuckerberg’s Chan Zuckerberg Initiative, in September last year.
CEO Byju Ravindran, speaking about the investment said, “We are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse.” The app based platform offers visual and text based study material for students in schools and those preparing for competitive exams. They offer learning programs for students in classes 6 to 12 along with test preparation for JEE, AIPMT, CAT, IAS, GRE & GMAT.
Hong Kong Stock Exchange listed holding firm Tencent Holdings owns a plethora of companies in the media, entertainment and internet commerce space. Tencent has also invested in Beijing based online tutoring platform Yuanfudao. The Chief Executive Director of Investments at Tencent, Hongwei Chen said, “We share Byjus’ mission of transforming education by creating personalized learning experiences for students.We are excited to be partnering with Byju on this exciting journey.”
Byjus, which has 8 million users and around 400,000 annual paid subscribers, has raised around $ 200 million from investors to date. Raveendran, in a statement, said they expect to double the revenue this year and become a profitable company on a full year basis.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
Apple MacBook Air M5 Launched: M5 Chip, 22-Hour Battery in India
₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide
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