News > Byju's IPO: Byju’s in talks to go public through Churchill SPAC deal

Byju's IPO: Byju’s in talks to go public through Churchill SPAC deal

The online education provider Byju’s, India’s most valuable startup, is in advanced discussions to go public through a merger with one of Churchill Capital’s special-purpose acquisition companies, according to people familiar with the matter.

Churchill Capital VII raised more than $1.3 billion in an offering in February and trades on the New York Stock Exchange. Under the preliminary terms discussed, Byju’s would raise a total of about $4 billion and seek a valuation of about $48 billion.