India-based BYJU'S, an educational technology and online tutoring startup, has secured 214 crore rupees ($31 million) in funding.

The company raised the funds from existing backers including General Atlantic and Tencent.

The new funding round values BYJU'S, which intends to use the net proceeds on its international extension, at over $5 billion.

To date, the company has raised $795.5 million in over nine funding rounds.