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Tech Crunch – Byju’s cuts valuation ask to $250M in rights issue amid cash crunch

Posted on January 29, 2024

Byju’s, the world’s most valuable edtech startup, has cut its valuation ask to $250 million in a rights issue it launched Monday as the Indian firm works to address its working capital needs. The startup is looking to raise $200 million in the rights issue, a capital it said is “essential to prevent any further […]

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