Tuesday, April 4, 2023

Byju's all set to raise $500-$700 million led by top VC firms

Edtech major BYJU's is all set to raise around $500-$700 million in its latest funding round at a flat valuation of $22 billion, led by a couple of top private equity firms and sovereign wealth funds, which can happen anytime soon this month, reliable sources told IANS on Tuesday. https://ift.tt/YGPSTQg

No comments:

Post a Comment

Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...