Byjus invites shareholders to invest in rights issue - Qoneqt
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    Sonal Shridhar Shinde in India

    30 Mar 01:00 PM


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    Byjus invites shareholders to invest in rights issue

    Byjus $200M rights issue aims to prevent dilution with shareholder involvement. Valuation dropped 99%, some major investors not participating. Raveendran investing $45M, facing cash crunch delaying salaries.