Byju’s founder floats share offer to make peace with estranged investors
Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate disgruntled investors, informing them that the board is weighing an offer of renounced shares to prevent dilution of their holdings ahead of validating a recent rights issue that cuts the Indian startup’s valuation by 99%. In an email to […]
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