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BY JUS aims to secure $300 million through existing stakeholders in return for a greater ownership stake.

Writer: RISHI KORDERISHI KORDE

Updated: Dec 29, 2023




Byju Raveendran is requesting a $300 million investment from existing investors, offering them a higher ownership stake in return. In response, these shareholders are urging a restructuring of the board to increase their influence over company operations. This development is occurring amid various legal and governance challenges faced by BYJU’S, with shareholders emphasizing the need for a board overhaul.


 
 
 

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