Edtech giant Byju is on track to raise over $500 million in about a week at a valuation of around $23 billion. The company plans to use the funds for U.S. acquisitions. The company is in talks with Abu Dhabi’s Sovereign Wealth Fund (SWF) and Qatar Investment Authority (QIA) to raise US$400-500 million and US$250-350 million respectively.
Byju’s to raise $500 mn
Byju's to raise over $500 million fund at a valuation of around $23 billion
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