After laying off 2,500 employees, BYJU’S raises $250 Mn from existing investors
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Days after announcing that it would be laying off 2,500 employees, edtech giant BYJU’S on Monday said it has raised $250 Mn in a mix of equity and debt from its existing investors, including Qatar Investment Authority. However, the edtech startup didn’t disclose the names of other investors who participated in the round or the percentage mix of equity and debt in the round.