Sat, Nov 11, 2023
Pai's proprietary fund, Aarin Capital, was the first institutional investor in Byju's back in 2013.
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Mon, Jun 05, 2023
Indian education startup Byju's on Monday said it will take its educational institute Aakash Education Services public through an initial public offering (IPO) by mid-2024.
Tue, Apr 04, 2023
In order to turn profitable, BYJU`s is winding up coding platform WhiteHat Jr, which it acquired for $300 million, as part of restructuring and cut costs. The company had said it was "merely optimising it".
Fri, Mar 24, 2023
Meanwhile, Byju Raveendran-run BYJU`s is in advanced stages to raise $250 million at a flat valuation (at $22 billion the company last announced) as it struggles to repay a $1.2 billion term loan and turn profitable in 2023. The latest funding round is in "final stages of discussion and will be closed soon within a few weeks", according to sources.
Mon, Nov 14, 2022
BYJU's had booked a loss of Rs 4,588 crore and revenue of Rs 2,428 crore for the fiscal year ended March 31, 2021.
Fri, Oct 28, 2022
BYJU'S Aakash has grown more than 100 per cent since its acquisition last year.
Sat, Sep 24, 2022
Edtech major BYJU`s has finally paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the $1 billion acquisition of Aakash Educational Services.
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