Byju’s eyes another $250-300M funding; Musk’s seven-day Twitter blitzkrieg
Three weeks after it said it would sack about 2,500 employees, and a fortnight after it raised $250 million from Qatar Investment Authority and others, edtech giant Byju’s is in talks to rake in another $250-300 million from American private equity group TPG, sources told us. The company is also eyeing a 2023 IPO for its subsidiary Aakash Educational Services, according to a Bloomberg report.