Friday, 24 March, 2023

Bankers are chasing Byju's IPO, which might be worth up to $50B

<p>Top investment banks are chasing Byju&#39;s, trying to convince the largest Indian startup to go public as soon as next year. With a current valuation of $16.5 B, banks have proposed a valuation of $40-50 B if the firm lists next year. While the startup hasn&#39;t set a concrete timeline, founder Byju Raveendran had publicly stated in the past about plans to list the firm in 2 to 3 years. Byju&rsquo;s has 80M users, of which 5.5M are paying subscribers.<br /> <br /> <br /> &nbsp;</p>