Byju’s to raise $250 million via convertible notes in Aakash pre-IPO funding

  • Byju’s is raising $250 million via convertible notes in Aakash pre-IPO funding.
  • This pre-IPO round at Aakash will help the startup to overcome a liquidity crunch.
  • Talks to raise funds at a parent level are being delayed due to a prolonged due diligence process.

[Via]