Saritha Rai and Anto Antony, Bloomberg | Monday July 11, 2022
Byju’s on Monday said it was struggling to close a funding round of $800 million (roughly Rs. 6,360 crore), after investors including Sumeru Ventures and Oxshott are yet to transfer about $250 million (roughly Rs. 2,000 crore) of the targeted amount. A spokesperson for Byju’s said the delay in receiving funds from the investors was due to macro...
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