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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.

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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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