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The Noida-based startup is looking to raise around $500 million, at a significant premium over its $2.8 billion valuation as of September last year.

Four years after Bodhi Tree’s investment, the test-prep giant remains caught between a slowing legacy business and growth bets that are still in their infancy.
As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.
As offline centres struggle to scale, the edtech firm leans back into its digital roots.