BYJU’S Seeking $100 Mn Funding At 90% Valuation Cut
BYJU’S plans to raise via funding $100 million to $200 million via a rights issue at a much lower valuation of $2 billion, a nearly 90% reduction from its peak valuation of $22 billion in 2022. Nevertheless, BYJU’s India’s chief financial officer (CFO), Nitin Golani, told PTI that the edtech startup plans to raise via