Sunday, October 6, 2024

A look at the fall of Byju's, India's most valuable startup in 2022 with an estimated $22B valuation, as it faces insolvency and lawsuits in India and the US (Financial Times)

Financial Times:
A look at the fall of Byju's, India's most valuable startup in 2022 with an estimated $22B valuation, as it faces insolvency and lawsuits in India and the US  —  Edtech company's legal battles from Delaware to Bengaluru have exposed corporate governance issues



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...