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Byju's in talks to sell children's book platform Epic: Report
short by Debaroti Adhikary / on Sunday, 28 January, 2024
Byju's is in advanced talks to sell its online children's book subsidiary Epic, ET Now reported. The ed-tech firm is looking to close the deal by this quarter, report added. Byju's had acquired Epic in 2021 for $500 million. The move comes as reports claim Byju's accepted to cut its valuation by over 90% as it seeks to raise funds.
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