Byju's invites shareholders to invest in rights issue
Friday, 29 March 2024
Byju's $200M rights issue aims to prevent dilution with shareholder involvement. Valuation dropped 99%, some major investors not participating. Raveendran investing $45M, facing cash crunch delaying salaries.
Byju's $200M rights issue aims to prevent dilution with shareholder involvement. Valuation dropped 99%, some major investors not participating. Raveendran investing $45M, facing cash crunch delaying salaries.
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