BYJU’S

Byju’s plans $200 million rights issue for growth. Valued at less than $250 million post-issue. Founder Raveendran and investors to subscribe. Blackrock’s valuation lowered to less than $1 billion. Funds to support capital expenditure and sustainability. Byju’s nearing operational profitability. Revenue doubled to Rs 5,298.43 crore in 2021-22. Byju’s Strategic Move: A $200 million rights … Read more

Navigating Turbulence: BYJU’S Strategic Move to Reinvent Governance and Secure Future Investments Introduction: In the midst of legal and governance challenges, BYJU’S, a prominent player in the edtech industry, is making headlines as CEO Byju Raveendran proposes a strategic move to address shareholder concerns. The company is seeking a substantial $300 million infusion from investors, … Read more