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Source: moneycontrol.com
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Byju's changing fortune: From buying spree to selling crown jewels
From those highs, the Bengaluru-headquartered company founded in 2011 is now looking to sell two companies it lists as 'well-known acquisitions' on its website - Epic and Great Learning. But strategic buys have been critical to its quick expansion. The company got a valuation of about $8 billion by January 2020 after becoming a unicorn in late 2017.
Source: rediff.com
Ed-tech | Byju's plans sale of Epic and Great Learning to clear dues worth USD 1.2 billion
It is learnt that Byju’s is looking to raise at least $800 million from the sale of Epic, the US-based kids learning firm, and Great Learning — the upskilling platform
Source: telegraphindia.com
Byju's considers selling subsidiaries Great Learning and Epic to pay $1.2bn debt
Byju's considers selling subsidiaries Great Learning and Epic to pay $1.2bn debt
Source: nextbigwhat.com
Byju's looking to sell companies it bought for Rs 8,195 crore to repay loan worth…
Byju Raveendran-led decacorn is looking to offload two foreign companies it bought for around Rs 8,195 crore combined in order to repay the entire $1.2 billion (Rs 9,956 crore) loan to US lenders.
Source: dnaindia.com