News > Byju's Struggles To Raise Latest $800 Million Funding As Investors Resist

Byju's Struggles To Raise Latest $800 Million Funding As Investors Resist

12/07/2022 03:12 PM | Click to read full article

Indian online education provider Byju's is struggling to close a funding round of $800 million as a global technology rout weighs on valuations.

Investors including Sumeru Ventures and little-known firm Oxshott haven't transferred about $250 million of the targeted amount because of “macroeconomic reasons,” a Byju's spokeswoman said Monday without elaborating.

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