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Byju’s to raise $250 million via convertible notes in Aakash pre-IPO funding

Byju’s is raising $250 million via convertible notes in Aakash pre-IPO funding.
This pre-IPO round at Aakash will help the startup to overcome a liquidity crunch.
Talks to raise funds at a parent level are being delayed due to a prolonged due diligence process.