Tag: Rights issue
Posted in Startups
Byju’s: Byju’s seeks $200 million in rights issue at $250 million valuation amid deep cash crunch
January 29, 2024 Leave a Comment on Byju’s: Byju’s seeks $200 million in rights issue at $250 million valuation amid deep cash crunch
Troubled edtech firm Byju’s has kickstarted a right issue to raise up to $200 million, effective today, as per a notice sent to investors –…
Posted in Startups
dunzo: Dunzo survival hinges on Reliance Retail commitment to funds
December 11, 2023 Leave a Comment on dunzo: Dunzo survival hinges on Reliance Retail commitment to funds
Dunzo’s future hangs by a thread as its largest investor, Reliance Retail, has not yet committed to a proposed rights issue, people aware of the…
Posted in Startups
Pharmeasy loan repayment: Exclusive: PharmEasy plans rights issue at 90% discount to repay loan, survive
Online pharmacy major PharmEasy has informed its board and investors that it plans to raise around Rs 2,400 crore through a rights issue at a…