Browsing Tag

Byju’s

59 posts

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…
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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,…
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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…

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…
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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…
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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…