Byju’s raises fresh funds at $18 Bn valuation
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Byju’s has raised a fresh tranche of Rs 2,200 crore or $296 million from more than half a dozen investors. The Bengaluru-based company had recently picked up $150 million as a part of a new and old round from a couple of investors. Byju’s has approved the allotment of 77,174 Series F preference shares at an issue price of Rs 285,072 per share to raise Rs 2200 crore or $296.4 million, regulatory filings show