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Tag: Byju’s
Byju’s to raise funds to take down financial pressure
January 23, 2024
To alleviate its financial problems, Byju’s which was once considered among the world’s most valuable startups , is now seeking to raise funds at a discount of more than 90% from its previous round. The besieged Indians startup , asking more than $100 million from existing investors through a fresh issuance of shares slated for […]
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Byju’s in talks to sell unit Epic for $400 million to PE fund Joffre: Report
November 22, 2023
According to a report by Reuters, Byju’s is seeking to generate up to $1 billion through the sale of two companies as part of an effort to simplify its operations and settle outstanding debts. According to Bloomberg News, Byju’s, the Indian educational technology company, is in the final stages of negotiations to sell its U.S.-based […]
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