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.