Indian edtech major BYJU's in talks for fresh $1b acquisition financing: Report

Indian edtech major BYJU's in talks for fresh $1b acquisition financing: Report

Online Education

Indian edtech decacorn BYJU’s, which has been on an acquisition spree, is in talks to raise $1 billion in fresh financing as it looks to further expand its operations inorganically.

The Bengaluru-based startup is in talks with banks including Morgan Stanley and JPMorgan Chase & Co for the financing to acquire another edtech company, The Economic Times reported. The details of the acquiree were not disclosed in the report.

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