Byjus

Byjus News

Steep losses, high cash burn: Byju’s seeks more time to pay $1.2 bn

May sign loan forbearance deal with its lenders

January 11, 2023 05:30 IST

Have always been open to informed criticism: Byju’s letter to employees

The note comes at a time when Byju’s has been criticised in the media over allegations that the company was…

December 31, 2022 03:10 IST

Prosus values 9.67% stake in Byju’s at $578 million

Edtech major was valued at $22 bn in October.

Updated: November 24, 2022 08:38 IST

Startups stare at flat valuations

In October, total funding into startups slipped to $1.34 billion from $1.63 billion in September.

November 1, 2022 06:00 IST

Byju's had acquired Aakash for about $1 billion in 2021.

Byju’s raises $250 m from existing investors

The development comes a week after Byju’s announced that it would lay off 2,500 employees in a rationalisation drive to…

October 18, 2022 05:00 IST

Byju’s to file FY21 results today

Earlier this month, the ministry of corporate affairs wrote to the edtech major asking why it had not yet filed…

September 14, 2022 21:09 IST

cancer, cancer screening, cancer care, healthcare news,

Indian Cancer Society collaborates with BYJU’S for 2,000 cancer survivors’ education across India

ICS and BYJU’S claim that these children will have access to exclusive content on BYJU’S learning app that is personalised…

September 7, 2022 16:52 IST

The fresh fundraise for the Byju's comes at a time when the company is yet to get USD 250 million committed by Sumeru Ventures and Oxshott as part of the USD 800 million round of funding announced in March at a valuation of USD 22 billion.

Byju’s likely to raise over $500 mn at $23 bn valuation

The company is planning to use the funding for acquisition in the US

September 4, 2022 17:42 IST

Unicorns, Unicorns funding, Byju, swiggy, Fundamentum Partners,

Unicorns face MCA heat

The ministry believes this could lead to better compliance on reporting results on time to the Registrar of Companies (RoC),…

September 2, 2022 06:30 IST

The Bengaluru-based firm was last valued at $22.6 billion, making it India’s most-valued edtech company and placing it among the country’s most-valued startups.

Congress’ Karti Chidambaram urges Serious Fraud Investigation Office to probe Byju’s financials

In the letter, Chidambaram alleged that he has found “financial loopholes” in the company and urged the SFIO to look…

July 22, 2022 01:00 IST

Byju’s, Qatar Investment Authority announce MENA region-focused edtech subsidiary in Doha

Byju’s said it has signed a memorandum of understanding with Qatar Investment Authority (QIA) to set up a wholly-owned subsidiary…

March 28, 2022 12:30 IST

BYJU’S named as official sponsor of FIFA World Cup Qatar 2022

BYJU’S, through this partnership, will leverage its rights to the FIFA World Cup 2022 marks, emblem, and assets, and run…

March 24, 2022 20:37 IST

Consecutively, Byju’s is also one of the most funded start-ups in the consumer Internet segment in India, having raised around $4.5 billion in both equity and debt funding to date from top-notch investors.

Byju Raveendran invests $400mn in BYJU’S as part of an $800mn round

The Bengaluru-based start-up was valued at $22 billion in the current round, making it one of the most valued edtech…

March 11, 2022 21:24 IST

Available for students in Classes 4-10, Byju’s Tuition Centres will offer tech-enabled physical tuition centres with a focus on engagement and better outcomes through a two-teacher model.

Byju’s enters offline tuition space with $200-million investment

Byju’s, the most-valued edtech platform in the country, currently has more than 115 million registered learners online. It now plans…

February 18, 2022 00:30 IST

Reliance, mukesh ambani, RIL, Gautam adani, forbes rich list

Reliance’s Mukesh Ambani richest on Forbes India list; Adani triples wealth in 1 year, Kiran Mazumdar loses

Reliance Industries Ltd chairman Mukesh Ambani remained the richest Indian on Forbes list for the 14th straight year, continuing since…

October 7, 2021 14:03 IST

byju, rakesh jhunjhunwala, Bharti mittal

Byju’s CEO richer than Rakesh Jhunjhunwala, Nandan Nilekani, Bharti Mittal; becomes 67th richest Indian

Byju Raveendran, founder of startup Byju’s, is now richer than Rakesh Jhunjhunwala, Anand Mahindra, Nandan Nilekani, Bharti Mittal, and others

October 1, 2021 15:01 IST

Around 18 unicorns to hit street with $11-12 billion IPOs in 2 years: BofA

The domestic startups have created around 60 unicorns, having USD 1 billion valuations or more, and 20 of them this…

August 31, 2021 21:22 IST

Byju’s acquires Great Learning for USD 600 million

Founded in 2013, Great learning, a boot-strapped company, has delivered over 60 million hours of learning to 1.5 million learners…

July 26, 2021 19:57 IST

Byju’s that claims to have as many as 80 million registered users and 5.5 million subscribers, saw its revenues double in FY21 over the previous year.

Byju’s dethrones Paytm to become India’s most valued start-up at $16.5 billion

The latest investment values the company at about $16.5 billion. Paytm is valued at $16 billion.

June 14, 2021 02:45 IST

The firm has enabled employees to seek an advance on their salaries to address medical emergencies or any unexpected expenses on an urgent basis.

Firm Initiatives: Corporates show big heart with Covid-19 care

The ed-tech firm has also tweaked its leave policy to incorporate additional Covid privilege leave (paid leave). Employees can avail…

May 30, 2021 05:45 IST

Biggest deal in Edtech sector! Byju’s to acquire Aakash Educational Services for $1 billion

In the biggest deal in the edtech sector so far, the country’s most valued online education firm, Byju’s is acquiring…

April 6, 2021 04:30 IST

Byju’s and Toppr did not respond to FE’s queries regarding the proposed transaction till the time of going to press.

Byju’s in advanced stages of talks to acquire Toppr in $150 million deal

If the deal goes through, Byju’s will get access to Toppr’s base of subscribers and related user data. “In the…

February 16, 2021 03:15 IST

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