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Byju's rights issue to raise 200 million dollars fully subscribed

The company, valued at $22 billion in its last financing round in early 2022, announced last month that it would raise approximately $200 million through a rights issue.

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Byju's to slash valuation by over 90% to raise fresh funds: Report

Byju's, once among the world's most valuable startups, faced many challenges with venture capital funding and the demand for online learning becoming scarce in a post-Covid world. ....

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Byju's offices raided by Enforcement Directorate

It alleged that the company has not prepared its financial statements since financial year 2020-21 and has not got the accounts audited which is mandatory. ....

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Byju's in process to raise $700 million at flat valuation | Business News,The Indian Express

Byju's expects to close fundraising of about $250 million soon and finish the entire funding round in about two weeks, another source said. ....

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Byju's in funding talks with TPG, sovereign funds as debt weighs

Several investment firms including TPG and two Middle Eastern sovereign wealth funds have begun due diligence on the Indian company, which is hoping to keep its valuation steady at about $22 billion during the financing ....

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