Indian edtech giant Byju's said to be in talks to go public via SPAC route

Photo: Screenshot from Byju's website

Indian edtech giant Byju’s is in advanced discussions to go public through one of Churchill Capital’s special-purpose acquisition companies (SPAC), Bloomberg News reported, citing sources.

Byju’s has held talks with several potential SPAC partners and was working out an agreement with Michael Klein’s Churchill Capital, Bloomberg reported, adding that the startup would raise a total of about $4 billion and seek a valuation of about $48 billion.

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