Byju's in talks to sell US unit Epic for $400 million to Joffre
The US-based children's digital reading platform Epic! Creations, owned by the Indian education technology firm Byju's, is reportedly in advanced talks to be sold for about $400 million. Byju's hopes to use this calculated action to give itself the financial cushion it needs to deal with its current financial issues, which include a controversial $1.2 billion term loan.
Creations Inc Education Technology Sector Joffre Capital Ltd Digital Reading Platform Financial Predicament Learn Pvt
Source: techstory.in