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Great Learning founders negotiating to repurchase company from Byju's
source link: https://nextbigwhat.com/great-learning-founders-negotiating-to-repurchase-company-from-byjus/
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Home Great Learning founders negotiating to repurchase company from Byju’s
Great Learning founders negotiating to repurchase company from Byju’s
- Great Learning’s founders are in early talks to buy back the company from Byju’s, a struggling edtech firm.
- The discussions are in the initial stages and a potential deal is being considered by both parties.
- Byju’s, which acquired Great Learning in 2021, is also planning to divest US-based Epic to meet repayment obligations towards a $1.2 billion loan.
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