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How Nykaa s IPO is different from other startups

This is not your typical, hyper funded consumer internet startup, as everything about it is different when compared to the other tech IPO candidates. We will unpack it all in today s letter.

WhiteHat Jr founder departs a year after selling to Byju s – TechCrunch

WhiteHat Jr founder departs a year after selling to Byju’s Karan Bajaj, the founder and chief executive of WhiteHat Jr, is leaving the firm a year after selling the startup for $300 million to Indian edtech giant Byju’s. In an email to employees on Wednesday, Bajaj and Byju’s founder and chief executive Byju Raveendran said the departure follows a “mutually decided” decision made at the time of acquisition of WhiteHat Jr. Chatter about Bajaj leaving the firm has been floating around for more than a quarter. TechCrunch inquired Byju’s in early April if Bajaj was going to leave the firm, a detail India’s most valuable startup dismissed as false at the time.

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