Saturday, June 15, 2024
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Byju’s founder floats share offer to make peace with estranged investors

Byju Raveendran, the founder of embattled edtech group Byju’s, has made a last-ditch attempt to placate disgruntled investors including Prosus Ventures. He has just informed them that the board is weighing an offer of renounced shares — shares that a group of investors chose not to buy recently in protest — to prevent the dilution of […]

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