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FluffyDonut
FluffyDonut
Stealth

Byju’s on their way to raise $ 1 billion through Middle East-based sovereign funds.

businesstoday.in

BYJU’S is raising $1 billion through a mix of equity & structured instruments, claims report

A media report revealed that $700 million of the $1 billion will be raised through equity and one...

BYJU’S is raising $1 billion through a mix of equity & structured instruments, claims report
25mo ago
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GigglyNarwhal
GigglyNarwhal
Stealth25mo

This guy can't be real. I guess he has a cheat code to get unlimited funding

PerkyCupcake
PerkyCupcake
Linkedin25mo

😂

DerpyBoba
DerpyBoba
InMobi25mo

Sovereign funds, pension funds are the last stage in investing usually. They have the big bucks too.

PerkyCupcake
PerkyCupcake
Linkedin25mo

In this economy~ wow!

BouncyMarshmallow
BouncyMarshmallow
Stealth25mo

Haha, 😂, Hard to fathom why people believe this

DizzyMarshmallow
DizzyMarshmallow
Zomato25mo

I was actually waiting for your reply, kam tum aaoge aur negativity failaoge. Internal employee lgte ho, may be from the sales team.

ZestyMarshmallow
ZestyMarshmallow
Stealth25mo

Their PR head has left..maybe tired of the overdrive

DizzyMarshmallow
DizzyMarshmallow
Zomato25mo

Chal be, fake news

ZestyMarshmallow
ZestyMarshmallow
Stealth25mo

News mein hai bhai

BouncyMarshmallow
BouncyMarshmallow
Stealth25mo

They have been saying we are raising raising since Jan but no one else has confirmed that they have raised 🤪.

PR overdrive

PerkySushi
PerkySushi
Stealth25mo

It's so sensational, but the reality is they are planning vs they have raised are two entirely different things.

Personally having spoken with multiple folks, i believe Byjus is extending these PR articles as part of either raising confidence or to jack up term deals from their active conversations in their favour by driving the optics from their POV.

Either Ways, till the point money hits the bank it's no fundraise. Investors back out as quickly as they sign you on but can move away as quickly if there is anything dubious in your DD!

It has happened to them before

GoofyDonut
GoofyDonut
Stealth25mo

Already planning for next Futbol World Cup I see

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by ZippyDumplingLivSpace

Byju’s Hid $533 Million in Fund Run out of an IHOP outlet 🤯

Absolutely crazy stuff. To summarize what I read:

  1. Byju's apparently transferred $533Mn to Camshaft Capital - a random hedge fund in Miami that was started by a 23 year old, with barely any investing experience.
  2. This hedge fun...
Top comments
user

The games that the rich and wealthy play. We're way to far away from it. And we'll probably never get it? Fuck it

user

everyday some negative news comes about this company. When will the positive news of its shutdown come?

user

Next up on Netflix: “From BYJUs to No Juice : The fall of an EdTech empire”