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With a planned $1 billion equity fundraise from Middle Eastern investors still in limbo, Raveendran broke down in tears defending his company, according to people who attended the calls.

United arab emiratesUnited statesNew yorkMark zuckerbergByju raveendranPaul yeung bloombergIncred mathewRanjan paiDivya gokulnathAjay goelJacob mathewAnita kishoreMinistry of corporate affairsParent firm think learnBlackstone incSequoia capital