Abu Dhabi’s sovereign wealth funds are in active negotiations with Think and Learn Pvt Ltd, the parent of Byju’s, to be part of the $400-500 million fundraise that the company is planning, said people close to the development.
Top executives of India’s $225-billion IT services industry have come out on opposite sides in the contentious debate on moonlighting, which is working at a secondary job.
Reliance Retail has submitted a non-binding bid of around ₹5,600 crore to acquire Metro Cash and Carry’s India operations and assets, which are up for sale, said three industry executives aware of the development.
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