Browsing Tag

Byju’s

64 posts

Byju’s lays off another 500, mostly in sales: Report

Byju’s, which continues to grapple with a multitude of challenges – financial…

Byju’s Raveendran offers renounced shares amid latest attempts to save firm

Byju’s founder Byju Raveendran seems to be making a final dash at…
Byju's

US judge orders edtech major Byju’s to freeze $533Mn

Byju’s is set to face heat from the US, wherein its pending…
Byju's

Continued financial troubles force India’s Byju’s to vacate most offices, shifts employees to WFH

Byju’s, the once high-flying, $22bn valued Indian edtech story, is finding it…
Byju's

Byju’s faces shareholder rebellion following vote to remove founder Byju Raveendran as CEO

Byju’s, the edtech giant, is embroiled in a shareholder rebellion as investors…

Byju’s eyes sale of Epic! Creations, its US-based digital reading platform for kids

Embattled firm Byju’s – which finally got around to release its financials…

Byju’s CFO Ajay Goel steps down six months after joining

The Chief Financial Officer (CFO) of India’s edtech giant Byju’s, Ajay Goel,…
Byju's

PE firms show interest in potential stake in Byju’s owned Aakash

More than two years after embattled edtech major Byju’s acquired tutorial chain…
Byju's

Byju’s lenders say company hid $533Mn in a Miami hedge fund that ran from a pancake shop: Report

Byju’s financial and legal concerns are continuing to mount and direct narrative…

Prosus, a major investor in Byju’s, says the company “regularly disregarded advice” despite repeated efforts

The Byju’s corporate (mis)governance saga is getting an important chapter added to…

Byju’s to rework its loan agreement with lenders for its $1.2 billion Term B loan: Report

Embattled edtech major Byju’s, which has been fighting one crisis after another…
Byju's

Byju’s Byju Raveendran addresses crisis at employee townhall, assures strong comeback

Edtech major Byju’s is not having the best of times right now,…

Byju’s tries to assure investors as it commits to file 2022 earnings by September: Report

Last week, edtech decacorn Byju’s lost both it’s auditor – Deloitte –…

Fresh round of layoffs come to Byju’s, set to impact over 1000 employees

Edtech major Byju’s continues to downsize its workforce – according to media…

Byju’s sues ‘hawkish, predatory’ lenders over $1.2B term loan, cancels any future payments till resolution

EdTech giant Byju’s has recently filed a lawsuit against its lenders concerning…

Byju’s says it will aim for an IPO for test-prep arm Aakash in 2024

Aakash, the offline test preparation giant that Byju’s acquired in 2021 for…
Byju's

Byju’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Bn

In a sign of the intensifying funding winter and challenging macroeconomic conditions,…