Byju’s in Talks With Potential New Backers to Raise $1 Billion in Funding Amid Shareholder Revolt
[ad_1] Byju’s is in advanced talks with prospective new shareholders for a $1 billion (roughly Rs. 8,200 crore) fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran’s control over the beleaguered tech startup. The Indian firm is offering sweeteners, including preferential treatment in the case of liquidation, to win … Read more