Byju's planning to raise IPO next year, to raise between $400 million to $600 million
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Leading Indian edtech company Byju’s is planning to launch an initial public offering (IPO) next year. The talks for the IPO are on and the firm aims to raise between $400 million to $600 million in order to accelerate its plans to go public. The IPO funding round of the firm is expected to close in a few weeks at a valuation of approximately $21 billion. The company is planning to go public in the next 15-18 months.