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21 Feb 2024, 12:21

Byju's rights issue to raise $200 million fully subscribed

Byju's rights issue to raise $200 million fully subscribed

Byju's rights issue to raise $200 million fully subscribed

Edtech firm Byju's rights issue to raise $200 million at a 99 per cent valuation cut has been fully subscribed. The company, valued at $22 billion in its last financing round in early 2022, announced last month that it would raise approximately $200 million through a rights issue. The announcement comes ahead of Byju's extraordinary general meeting on February 23, at which a few of its biggest investors will vote to oust the company's leadership and reconstitute its Board.

D'chica's body-adapting bras, reusable period panties & other puberty essentials bags ₹80 lakhs at Shark Tank
21 Feb 2024, 09:00

D'chica's body-adapting bras, reusable period panties & other puberty essentials bags ₹80 lakhs at Shark Tank

D'chica's, a brand that curates puberty-essential products tailored specifically to the needs and preferences of teen girls, has bagged a deal of Rs 80 lakhs with Namita Thapar and Vineeta Singh on the new episode of 'Shark Tank India 3'. In a bid to propel D'chica to new heights of success, its co-founders, Richa Kapila and Vani Chugh from Delhi made a debut on the business reality show.

Founders that pitch on Shark Tank can do better than those who come from IIT or IIM, says Anupam Mittal
Malini Bhupta
16 Feb 2024, 14:36

Founders that pitch on Shark Tank can do better than those who come from IIT or IIM, says Anupam Mittal

Unlike elitist founders who are used to being served everything on a platter, the aspirants on Shark Tank understand the economics of doing business in India, says show judge Anupam Mittal. However, this seasoned Shark, out of the 100 unicorns in India, many will fail in 2024 as they were built on the wrong foundations.