2024-10-18
TechCrunch
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Byju's founder Byju Raveendran says his edtech startup, valued at $22B in 2022, is effectively “worth zero”, and that he made mistakes and mistimed the market
Byju Raveendran, the founder of the embattled edtech group Byju's, acknowledged on Thursday afternoon that he made mistakes …
2023-12-04
Bloomberg
2 related
Sources: Byju's founder Byju Raveendran pledged his and his family's homes as collateral to borrow ~$12M to raise ~$400M in debt to pay staff amid a cash crunch
- Founder has raised $400 million in debt to keep firm afloat — Company is also seeking to raise funds through asset sales Mastodon: @carnage4life@mas.to . LinkedIn: Anto Antony Mastodon: Dare Obasan...
2023-07-26
Bloomberg
6 related
A profile of Indian edtech giant Byju's CEO Byju Raveendran, who has been in crisis mode for months but hopes to raise a $1B equity investment as soon as August
Anto Antony / Bloomberg :
2022-03-11
The Economic Times
4 related
Byju's raises $800M, including $400M from CEO Byju Raveendran, sources say at a $22B valuation; sources say Byju's is exploring a SPAC IPO at a $40B valuation
The round, which comes ahead of its planned initial public offering (IPO), values the Bengaluru-based company at about $22 billion, people aware of the development told ET.
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