BYJU’S asks investors for a $300 Mn infusion in exchange of bigger shareholding
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Troubled edtech major BYJU’S CEO Byju Raveendran has reportedly asked its investors to infuse $300 Mn into the company in lieu of bigger shareholding. The recent development comes at a time when BYJU’S is facing multiple legal and governance hassles, with the edtech titan’s shareholders insisting on revamping the board.