Sunday, June 23, 2024

Byju’s challenges NCLT order restricting fund use in Karnataka High Court

Byju’s faces protests from investors over $200 million rights issue conducted at 99% discount. Lenders within consortium loaned $1.2 billion to Byju’s file bankruptcy petition in US court.

from Tech-Economic Times https://ift.tt/qxavC5u

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...