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Byju's promoters rake in over $400 mn in secondary share sale since 2015 - Vimarsana News

Byju's promoters rake in over $400 mn in secondary share sale since 2015

Company says entire amount reinvested in business to scale it

BYJU's says its promoters have re-invested entire amount raised through secondary share sale - Vimarsana News

BYJU's says its promoters have re-invested entire amount raised through secondary share sale

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.

Byju's Says Promoters Re-Invested Amount Raised From Secondary Share Sale - Vimarsana News

Byju's Says Promoters Re-Invested Amount Raised From Secondary Share Sale

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.

Source: ndtv.com
Weekly Economic Index: CBN's new transaction limits, Palmpay's rising numbers, and peace(keeping) ends in Mali - Vimarsana News

Weekly Economic Index: CBN's new transaction limits, Palmpay's rising numbers, and peace(keeping) ends in Mali

Here are three big stories from Africa’s business landscape you (probably) didn’t miss but should keep in mind this week.

Lightspeed makes first investment in Africa, backing Ghana's Berry Health - Vimarsana News

Lightspeed makes first investment in Africa, backing Ghana's Berry Health

Sexual and mental health stigmatization in Africa has evolved over several decades to a point where negligence to address the issue has led to the...