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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

Top guns plug into future with licence to upskill

Edtech platforms including Emeritus, Coursera, upGrad, Simplilearn and Great Learning say they have seen a sharp uptick in the number of top executives—including CXOs—who are opting for upskilling to stay on top of things in a fast-changing business environment. Courses in generative AI, ChatGPT, machine learning, data science and business analytics and leadership skills are finding the most traction among senior leaders. Tech, tech services, BFSI and healthcare are the sectors with...
Red Sea Djibouti General Kashyap Dalal Mohan Kannegal Hari Krishnan Nair Raghav Gupta

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