Byju Raveendran, the founder of embattled edtech group Byju’s, has made a last-ditch attempt to placate disgruntled investors. He has just informed them that the board is weighing an offer …
Illustration by Manali Ghosh. Synopsis Interim order from the National Company Law Tribunal (NCLT) on the petition by select Byju’s investors seeking to stop the rights issue is expected anytime …
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and …
Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the startup and that rumors of his firing …
Byju’s, the world’s most valuable edtech startup, has cut its valuation ask to $250 million in a rights issue it launched Monday as the Indian firm works to address its …
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. …
Byju Raveendran. GAYATRI GANJU FOR FORBES ASIA Troubled Indian edtech firm Byju’s is in the spotlight again. Amsterdam-listed investment company Prosus wrote down the value of its 9.6% stake in …
Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022 stood at $429.18 million, making it clear that …
Illustration by Sadhana Saxena Synopsis Byju’s warring lenders’ attempt to get control of USD533 million dollars moved from its US subsidiary has been frustrated at Delaware and Miami courts. While …
Byju Raveendran, founder and CEO, Byju’s Synopsis Byju’s pressing need of capital may be addressed by the sale of a couple of subsidiaries that it is planning. But there are …