ETV Bharat / Board Of Think And Learn Pvt Ltd

Board Of Think And Learn Pvt Ltd

BYJU'S is planning to raise $200 million through an equity rights issue at an enterprise valuation of $220-250 million. The company, which reached a peak valuation of $22 billion in March 2022, will issue equity at a low valuation for this tranche. The rights issue aims to fund capital expenditure and support corporate purposes, with BYJU'S founders personally investing over $1.1 billion in the last 18 months.

BYJU'S to raise USD 200 million through equity rights issue at valuation of USD 220-250 million

2 Min Read

Jan 29, 2024

PTI

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