Edtech major byju has been evaluating many varied options including a raise-down round or structured funding round as the deadline to clear out their dues to a private equity firm as a Blackstone for the Aakash Educational Services deal is right around the corner. As per sources, byju has held several rounds of discussions with some Middle East-based investors including Abu Dhabi's Sovereign Wealth Funds (SWF) and Qatar Investment Authority (QI).
