Culture & Policy News Byju’s lays off another 500, mostly in sales: Report Byju’s, which continues to grapple with a multitude of challenges – financial… Soumyadeep SarkarApril 3, 20243 minute read
Business News US judge orders edtech major Byju’s to freeze $533Mn Byju’s is set to face heat from the US, wherein its pending… Soumyadeep SarkarMarch 15, 20243 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
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 Unacademy slashes workforce by 12% in fresh layoffs Online learning platform, which has been struggling off late on the business… Soumyadeep SarkarMarch 31, 20232 minute read
Apps Google Internet News YouTube doubles down on edtech with the launch of “Courses“, debuts in India, the US and South Korea Calling itself already the largest education platform globally, Youtube is taking on… Soumyadeep SarkarDecember 19, 20223 minute read
Business News Startups Indian edtech unicorn Unacademy lays off 10% of its employees, 2nd such instance within this year With schools, colleges, and universities resuming offline classes and welcoming students back… Soumyadeep SarkarNovember 8, 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
News Startups Cash-strapped edtech player Lido Learning files for bankruptcy Months after it ceased operations and asked all of its employees to… Soumyadeep SarkarSeptember 9, 20222 minute read
Business News Startups Lawmaker Karti P. Chidambaram asks Indian fraud regulator to investigate edtech decacorn Byju’s finances Karti P. Chidambaram, an Indian Lawmaker who is a Member of Parliament,… Guntas SinghJuly 21, 20222 minute read
Business News Startups Unacademy to shut down global test prep arm, management to take paycuts Edtech unicorn Unacademy will be winding up the books for its global… Guntas SinghJuly 12, 20222 minute read
Business News Startups Mass layoffs at $22Bn-valued Byju’s, pushes back payments for $1 Bn Aakash acquisition: Report Byju Raveendran’s Byju’s, India’s highest valued startup and torchbearer of the Indian… Guntas SinghJune 29, 20222 minute read
Business News Startups upGrad’s valuation doubles as it picks up $225Mn in latest fundraise The pandemic was instrumental in ensuring that online education rose to prominence… Soumyadeep SarkarJune 16, 20222 minute read
Internet News Startups Edtech Physics Wallah raises $100 Mn in its first fundraise, turns unicorn Physics Wallah, an edtech platform targeting high school and above with a… Guntas SinghJune 7, 20222 minute read
News Startups Edtech Classplus gets another $70Mn to fuel expansion and acquisitions Education today is moving ahead on a blended model, both online and… Soumyadeep SarkarMarch 29, 20222 minute read