Byju's in talks with investors to raise $300 mn in return for more controls
With investors asking for a change in the board structure at Byjus, the edtech giants founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Seqยญuoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
Ranjan Pai Nitin Golani Byju Raveendran Arjun Mohan Qatar Investment Authority Ministry Of Corporate Affairs
Source: rediff.com