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Byju’s Cap Table Faces Rise After Rights Issue Value Cut

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Highlights

Byju’s, the edtech giant, is undergoing changes in its capital structure with a rights issue, and the valuation post this move is expected to increase.

The rights issue involves offering existing shareholders the opportunity to buy additional shares at a discounted price. 

Despite the value cut associated with the rights issue, the subsequent increase in the company’s capital could lead to a rise in its overall valuation.

This strategic move aims to attract more funding and strengthen Byju’s position in the competitive edtech market.

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Highlights

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