Byju’s Wants Funding at a Valuation of Less Than $2 Billion and a Discount of More Than 90%.
According to two people familiar with the matter, the Bengaluru-based startup, which was once considered the most valuable in India.
Read more
According to persons familiar with the situation, the troubled Indian education provider is requesting more than $100 million from current investors.
Read more
That is less than the $22 billion it received in its late 2022 funding round, according to Bloomberg.
Read more
According to Bloomberg, In an effort to relieve the company’s financial strain and keep it afloat, Raveendran has been going all out.
Read more
The company is in the midst of a legal dispute with creditors over the nonpayment of interest on a $1.2 billion term loan.
Read more
According to the person, a number of the company’s shareholders are anticipated to take part in the share sale.
businessoutreach.in