Page 8 of Byjus

Fixing Byju’s financial reporting key challenge for new CFO

In a late-night announcement on Monday, the company said Goel, former CFO of Vedanta Group, has been appointed its new…

Updated: April 5, 2023 07:26 IST

Byju’s raises $700 mn in fresh funding round

Edtech major Byju’s has raised $700 million at a flat valuation of $22 billion, involving two separate deals of equity…

April 4, 2023 06:20 IST

Investors slash Byju’s, Swiggy valuation

Valuation markdowns of unicorn startups continue through 2023, with both Swiggy and Byju’s investors marking down the value of their…

April 1, 2023 05:45 IST

Byju's, loan payment, lenders, legal proceedings, interest, creditors, payment default

Byju’s arm Aakash in talks to raise $250 million

The convertible notes will have a discount of 20% on the listing price for incoming investors.

March 10, 2023 05:45 IST

Byju, Divya Gokulnath, Divya Gokulnath net worth, Divya Gokulnath lifestyle, who is Divya Gokulnath, Divya Gokulnath cars, Divya Gokulnath house, lifestyle

Who is Byju’s co-founder Divya Gokulnath? India’s richest woman entrepreneur with a net worth of Rs 4,550 crore

Divya Gokulnath’s lifestyle | Know everything about Byju’s co-founder Divya Gokulnath and her net worth

March 1, 2023 10:00 IST

Amazon, Amazon India, Amazon news, byju’s, byju’s news

Govt ticks off Amazon, Byju’s for anti-consumer practices

Data privacy also on radar as searches result in related ads

February 22, 2023 05:45 IST

Byju’s lays off another 900 employees

This resulted in massive layoffs in firms such as Byju’s, Vedantu and Unacademy, while multiple smaller startups shuttered operations.

February 3, 2023 04:20 IST

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

AstraZeneca, India-Sweden Healthcare Innovation centre, Lung Cancer, Lung Cancer in India, 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

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Dussehra, a festival symbolizing the victory of good over evil, is being celebrated on October 2 this year. It marks the end of Navratri and is observed with various rituals across India. In North India, Ravana’s effigy is burnt, while in the East, goddess Durga’s idols are immersed in water. This festival is linked to the epic story of Ramayana and is followed by Diwali.

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