BYJU’S early investors looking to sell stake
Shortpedia
Content Team
Image Credit: startupstorymedia
Several early investors in edtech decacorn BYJU’S, including Lightspeed Investment Partners and Chan Zuckerberg, are reportedly looking for buyers to sell partial or full stake in the edtech major. Both Chan Zuckerberg Initiative and Lightspeed hold a 2.4% stake each in BYJU'S, according to data available with Tracxn. According to a Mint report, the investors are looking to book profit and have laid out ‘soft mandates’ to investment banks to look for buyers.
