Byju’s Starts Talks to Sell Epic, Great Learning to Pare Debt

Sept. 11, 2023, 9:51 AM UTC

Byju’s plans to sell some of its units to raise funds and repay debt as part of a broader plan to turn around the online education pioneer once deemed India’s most valuable startup.

The company is in talks with private equity funds and strategic investors to sell US-based kids’ digital reading platform Epic! Creations Inc., and Great Learning Education Pte. to bolster its balance sheet, according to people familiar with the matter.

Byju Raveendran
Photographer: Paul Yeung/Bloomberg

A successful sale will leave the firm’s eponymous founder, Byju Raveendran, with enough cash to expand the business after paying off all its debt, the people ...

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