Byju’s Targets Tutoring Unit IPO in 2024 as Financial Woes Mount
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Byju’s seeks to have the stock-market debut of its tutoring unit next year, later than it had previously envisaged as the Indian education-technology company struggles with financial challenges.
The initial public offering of Aakash Educational Services is set to take place in the middle of next year, Byju’s said Monday in a statement. Byju’s had previously targeted the IPO for August-September this year, people familiar with the matter had said late last year.