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Tag: BYJUS
Ranjan Pai’s Financial Facility to Aid Byju’s: A Strategic Move ?-thumnail

Ranjan Pai’s Financial Facility to Aid Byju’s: A Strategic Move ?

 In a significant development, Ranjan Pai, the founder of Manipal Hospitals Group, is poised to provide a crucial Rs 300 crore financial facility to Think & Learn Pvt Ltd, the

Business

Oct 16, 2023

Apollo Global and 10X AD are in talks about investing in Byju’s parent company or Aakash-thumnail

Apollo Global and 10X AD are in talks about investing in Byju’s parent company or Aakash

The Economic Times reported that Apollo Global Management and Abu Dhabi Fund 10X AD are in discussions to invest in Byju’s parent company, Aakash. Byju’s CEO, Byju Raveendran, is reportedly

Education

Apr 20, 2023

Lionel Messi serves as the “Education For All” initiative’s global brand ambassador-thumnail

Lionel Messi serves as the “Education For All” initiative’s global brand ambassador

Messi is the Argentine football team’s captain and a former player for Paris Saint-Germain, according to BYJU. He and BYJU’s have a contract in place for him to advance the

Education

Nov 4, 2022

<strong>Byju’s parent company, Think & Learn takes Rs. 300 crore loan wholly-owned subsidiary Aakash.</strong>-thumnail

Byju’s parent company, Think & Learn takes Rs. 300 crore loan wholly-owned subsidiary Aakash.

Description-: The development comes when Byju’s seeks to reduce costs and improve its operating revenue. The company announced that they aim to achieve profitability by 2023. Earlier, the edtech company

News

Oct 27, 2022

$250 million is collected by Byju’s from current investors-thumnail

$250 million is collected by Byju’s from current investors

The most recent round of capital follows Byju’s announcement last week of a number of steps it will take to streamline its operations and attain group-level profitability by March 2023.

Education

Oct 17, 2022

<strong>The race for startup valuation in India shouldn’t be careless.</strong>-thumnail

The race for startup valuation in India shouldn’t be careless.

Uncomfortable accounting at a unicorn edtech Byju’s ought should serve as a warning for this ecosystem. At any cost, growth cannot be pursued. Otherwise, strict regulation can start to stifle

Education

Sep 19, 2022

Upgrade purchases Centum Learning’s corporate training platform-thumnail

Upgrade purchases Centum Learning’s corporate training platform

In a recent round of funding valued at $2.25 billion, Upgrade raised $210 million from notable investors Upgrade, an ed-tech company, has exchanged shares for Centum Learning, a leader in

Education

Sep 15, 2022

Audited revenue for Byju could not be as high as anticipated-thumnail

Audited revenue for Byju could not be as high as anticipated

According to two informed sources, the board has accepted the findings but the financials have not yet been disclosed to all investors. They stated that it will subsequently be submitted

News

Sep 13, 2022

<strong>Government asks byju’s to explain the reason for delay in financial report’s submission.</strong>-thumnail

Government asks byju’s to explain the reason for delay in financial report’s submission.

Byju’s, which is India’s most valuable startup with a valuation of $22 billion, is expected to file the audited financials by next week, according to the sources. The Ministry of

Education

Aug 26, 2022

<strong>Byju’s co-founder Divya Gokulnath calls the pending BCCI dues “fake news.”</strong>-thumnail

Byju’s co-founder Divya Gokulnath calls the pending BCCI dues “fake news.”

The statement confirms previous media reports that Byju’s owed the BCCI Rs. 86.21 crores in unpaid debts. Byju’s co-founder Divya Gokulnath referred to news reports as “hearsay” in a furious

Education

Jul 27, 2022

Jersey sponsor Byju allegedly owes the BCCI Rs 86.21 crore and Paytm wishes to withdraw as title sponsor-thumnail

Jersey sponsor Byju allegedly owes the BCCI Rs 86.21 crore and Paytm wishes to withdraw as title sponsor

The Indian cricket team’s jersey sponsor, Byju’s, allegedly owes the BCCI Rs 86.21 crore, while title sponsor Paytm has asked the board to transfer its rights to a third party.

Education

Jul 22, 2022

Over 750 employees at WhiteHat jr. resigned after being asked to resume work from the office.-thumnail

Over 750 employees at WhiteHat jr. resigned after being asked to resume work from the office.

Around 750 WhiteHat Jr employees have reportedly resigned after being asked to return to the office. Reportedly, an estimated 750 employees of WhiteHat Jr have resigned over a period of

Education

May 12, 2022


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