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Reports about deal talks with Byju's false: Vedantu

Shortpedia

Content Team
Image Credit: Shortpedia

Edtech platform Vedantu on Friday termed reports of its discussions with Byju's for a potential buyout as "false" and said it is not "remotely considering anything of this sort". Reports earlier in the day suggested that talks are underway between the two companies for the past few weeks and have reached an advanced stage, where Byju's is offering a USD 700-800 million deal to Vedantu.