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Byju’s, the world’s most valuable edtech startup, launched a rights issue on Monday, seeking to raise $200 million as the Indian firm works to address its working capital issues. The startup is resetting its valuation in the rights issue to “next to nothing,” where all existing investors have an opportunity to participate, according to a […]
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Byju’s, the world’s most valuable edtech startup, launched a rights issue on Monday, seeking to raise $200 million as the Indian firm works to address its working capital issues. The startup is resetting its valuation in the rights issue to “next to nothing,” where all existing investors have an opportunity to participate, according to a […]
© 2024 TechCrunch. All rights reserved. For personal use only.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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