BYJUs has raised a round of 700 M last week in a tight funding market, investors are said to be Middle East based sovereign wealth fund. It is said messi partnership and fifa World Cup had introduced the firm to Middle East sovereign funds
Something that's been debated for quite some time, to clarify they've received term sheets for investments and these could go either way depending on how the conversation progresses. It's more indicative of what Byjus wants to raise despite the current situation, not actual money in the bank that they have recieved!
Fund raising koi isse seekhe
Keep looting investors 👍
crap, its a scam
Absolutely crazy stuff. To summarize what I read:
The games that the rich and wealthy play. We're way to far away from it. And we'll probably never get it? Fuck it
Byju's has raised nearly 6 billion in total and is now valued at 6 billion $. How does this work?
I mean won't this mean all equities of byju's will now be with VCs?
Just heard that Byjus is about to close $250 million funding. Can someone confirm if this is true?