News Startups 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… Soumyadeep SarkarNovember 6, 20232 minute read
Culture & Policy News 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,… Praneetha BandaruOctober 24, 20232 minute read
News Startups 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… Soumyadeep SarkarOctober 20, 20233 minute read
Culture & Policy News Startups Byju’s plans 4k-5k job cuts in restructuring move: Reports Byju’s, once a shining beacon of success in the Indian startup ecosystem,… Soumyadeep SarkarSeptember 27, 20232 minute read
News Startups 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… Soumyadeep SarkarSeptember 13, 20233 minute read
Business Culture & Policy News Venture Capital Peak XV Partners will mark down the value of its Byju’s stake due to “lack of visibility” into company’s audited financials Byjus’ week just went from bad to worse, amid an unravelling flurry… Soumyadeep SarkarJuly 26, 20232 minute read
Culture & Policy News Startups 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… Soumyadeep SarkarJuly 25, 20232 minute read
Culture & Policy News Startups 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… Soumyadeep SarkarJuly 24, 20232 minute read
Business Culture & Policy News Startups Byju Raveendran proposes formation of committee to provide strategic guidance in EGM Byju Raveendran, founder of troubled edtech major Byju’s, in a recently held… Soumyadeep SarkarJuly 7, 20232 minute read
Culture & Policy News Startups 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,… Soumyadeep SarkarJune 29, 20233 minute read
Business News Startups 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 –… Soumyadeep SarkarJune 26, 20232 minute read
Culture & Policy News Startups Deloitte resigns as Byju’s auditor, three board members quit Byju’s governance troubles have taken a turn for the worse. Media reports… Soumyadeep SarkarJune 22, 20232 minute read
Business News Startups 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… Soumyadeep SarkarJune 19, 20232 minute read
Business News Startups 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… Staff@The Tech PortalJune 6, 20233 minute read
Business News Startups 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… Staff@The Tech PortalJune 5, 20232 minute read
News Startups Venture Capital 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,… Soumyadeep SarkarMay 30, 20232 minute read
News Startups Byju’s Alpha sued, faces accusations of hiding $500Mn in funds, Byju’s denies In a dramatic turn of events, Byju’s Alpha has found itself embroiled… Soumyadeep SarkarMay 19, 20233 minute read
Culture & Policy News Startups Byju’s fires more staff in fresh round of layoffs: Report The funding winter, which has been specially severe for India’s high profile… Soumyadeep SarkarFebruary 2, 20232 minute read
Business News Startups Byju’s gets a $250Mn breather from existing investors to strengthen profitability focus Byju’s founder and CEO Byju Raveendran said on Monday that the startup… Soumyadeep SarkarOctober 17, 20222 minute read
Culture & Policy News Startups Byju’s to lay off 2500 more over next six months as it struggles to profitability Amidst trickling of funding, falling stocks, and cooling investor interest, the purse… Soumyadeep SarkarOctober 12, 20222 minute read
Business News Startups After an 18-month delay, Byju’s discloses audited financials, misses own projections The delay in submitting its audited financial report for the financial year… Soumyadeep SarkarSeptember 14, 20222 minute read