Abu Dhabi’s sovereign wealth funds in talks for BYJU’S $500 Mn fundraising
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As edtech giant BYJU’S is planning a $400-500 Mn fundraise, Abu Dhabi’s sovereign wealth funds are in active negotiations with its parent company Think and Learn Pvt Ltd. On the other hand, Qatar Investment Authority (QIA) is yet to take a final decision on its investment, Economic Times reported. QIA had been in advanced talks to invest $250-350 Mn in the edtech giant.