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Byju's planning to raise IPO next year, to raise between $400 million to $600 million

Shortpedia

Content Team
Image Credit: Shortpedia

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.