Byju’s in Talks With Potential New Backers to Raise $1 Billion in Funding Amid Shareholder Revolt

Byju’s is in advanced talks with prospective new shareholders for a $1 billion (roughly Rs. 8,200 crore) fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran’s control over the beleaguered tech startup.

Author: . [Source Link (*), Gadgets 360]

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