Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Byju’s to slash $22 billion valuation by 90% to raise fresh funds
short by Usha Kunji / on Tuesday, 23 January, 2024
Byju's, once counted among the world's most valuable startups, is seeking to raise funds at a discount of more than 90% from its previous round to alleviate its financial problems. The beleaguered Indian education provider is asking more than $100 million from existing investors through a fresh issuance of shares slated for next month.
read more at NDTV Profit