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BYJU’S rights issue gets $300 million commitment

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New Delhi, February 19

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Edtech major Think and Learn, which operates under BYJU’S brand name, is learnt to have received a commitment of $300 million from investors for its ongoing rights issue which will close by the end of February, sources aware of the development said.

Sources also shared that BYJU’S has offered miffed investors to appoint two independent directors to enhance transparency but only after the rights issue.

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