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Can $200 million really save Byju’s?
The announcement of a rights issue seems to be little more than a last-ditch attempt to get existing investors to put in money and help clear urgent current liabilities that could land the founders in prison.
31 January, 2024•8 min
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31 January, 2024•8 min
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Swiggy sits out the quick-commerce race—and risks losing it
Investors eager to ride India’s quick-commerce boom are already losing confidence in Swiggy. A Rs 7,300* crore war chest and little urgency, its restraint is starting to hurt.
