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Byju Raveendran , the founder of the embattled edtech group Byju’s , acknowledged on Thursday afternoon that he made mistakes and mistimed the market.
Byju 's was planning to go public in early 2022 with several investment bankers giving the firm valuation as high as $50 billion .
He alleged that many of his more than 100 investors had urged him to pursue aggressive expansion into as many as 40 markets.
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