BYJU’S is seeking to raise as much as $250 million through the issuance of convertible notes by Aakash Educational Services. Separately, the Abu Dhabi Investment Authority may be nearing a deal to acquire a stake in Indian eyewear startup Lenskart Solutions for about $500 million.
Aakash to issue convertible notes at 20% discount
Edtech firm BYJU’S is seeking to raise as much as $250 million through the issuance of convertible notes by its tutoring service unit Aakash Educational Services, Bloomberg reported on Thursday.
