Byju's promoters rake in over $400 mn in secondary share sale since 2015
Company says entire amount reinvested in business to scale it
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Company says entire amount reinvested in business to scale it
According to private market intelligence firm PrivateCircle Research, BYJU's promoters -- Byju Raveendran, Divya Gokulnath and Riju Ravindran -- have together sold shares worth around USD 408.53 million in 40 secondary transactions since 2015.
Edtech major BYJU's on Tuesday said its promoters have re-invested the entire amount raised by them through secondary sale of shares in the company.
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