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Byju’s cuts valuation ask by 99% in rights issue amid cash crunch on January 29, 2024 at 10:17 am
Byju’s, the world’s most valuable edtech startup, has cut its valuation ask by 99% 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 value […]
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© 2024 TechCrunch. All rights reserved. For personal use only.”}]]