Byju S Alpha

Is There Any Value Left At The End Of Tunnel For Byju’s? 

02/02/2024

After major investors Blackrock and Prosus cut the valuation of the edtech firm to $1 billion and $3 billion, respectively, the latest rights issue pegs the pre-money valuation at a meagre $25 million, slumping more than 99% from its peak valuation of $22...

Byju’s Lenders Discard Talks To Restructure $1.2 Billion Loans: Report

01/06/2023

The start-up led by Byju Raveendran proposed a 200-300 basis point hike in interest rates as a pre-condition of restructuring the loan