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Byju s seeks fresh funding at nearly $2 billion valuation: Report

Byju s seeks fresh funding at nearly $2 billion valuation: Report
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Byju s seeks fresh funding at nearly $2 bn valuation: Report

Edtech major Byju's is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in early 2022.New Delhi, Jan 23 (IANS) Edtech major Byjuâ€™s is reportedly seeking new funding at around $2 .

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BYJU S operational loss widens to Rs 6,679 crore on losses in White Hat Jr, Osmo

Edtech major Think and Learn, operating under brand BYJU S, on Tuesday, said its

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Byju s Seeks Fresh Funding At Nearly $2 Bn Valuation: Report

New Delhi, Jan 23 (IANS) Edtech major Byju’s is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in

New delhiByju raveendranGreat learning

Byju s expects $7-8 bn minimum valuation

Byju s plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall improved performance , Think and Learn, the parent of Byju s, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju s India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.

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