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Once valued at $22 billion, Byju’s has sold Epic! and Tynker acquired for $700 million total, for just $97.2 million under US bankruptcy proceedings. Amid debt default, legal scrutiny, and alleged fund diversion, the fire sale signals Byju’s worsening crisis. With declining valuation and investor trust, the edtech giant faces a pivotal moment of restructuring and financial reckoning.
short by / 03:01 pm on 10 Jun
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