Thu, Jul 18, 2024
Byju's did not comment on the issue.According to sources, Byju's on Thursday moved the appellate tribunal, NCLAT, contesting the recent order of NCLT's Bengaluru bench that had admitted the cricket board's plea to start insolvency proceedings against the parent company Think and Learn, after the edtech firm failed to pay Rs 158.9 crore dues.
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Mon, Jun 24, 2024
Prosus writes off $493 million investment in Byju's amid significant loss of influence and financial challenges.
Tue, May 28, 2024
The company is yet to pay the remaining salary dues of February and March to thousands of its employees, amid ongoing legal battles with investors and vendors.
Fri, May 12, 2023
BYJU'S is now on MCA's radar after ED. MCA is now preparing to conduct an inspection in BYJU'S. Inspection will start after the order of the Oversight Committee. MCA will conduct an inspection after the preliminary investigation report on BYJU'S. Several related party transactions were found in the report. Flaws in the Companies Act were also found in the report. Know the complete news from Tarun Sharma.
Tue, May 02, 2023
Enforcement Directorate (ED) conducted searches at 3 premises of Byju's in Bengaluru. Watch the video to find out why Byju's has been under scrutiny.
Tue, Apr 04, 2023
Byju’s was reportedly struggling with mounting losses after the pandemic-era boom in online tutoring phased out and the fresh capital is estimated to help the edtech firm with its potential debt issues.
Edtech firm Byju's has roped in Vedanta Group's Ajay Goel as its chief financial officer (CFO). This comes after more than a year since decacorn's previous CFO resigned.
Fri, Mar 24, 2023
Global investment group Prosus last year put the fair value of its 9.67 per cent stake in BYJU`S at $578 million, which technically puts the current valuation of the edtech major at nearly $6 billion.
Thu, Mar 02, 2023
People close to the development earlier told IANS that the top BYJU's management was in a huddle and meetings were on to appraise the WhiteHat Jr employees about the situation in the next few days.
Thu, Dec 22, 2022
The company said that with more than 150 million registered students, "we do not need to buy or use external databases".
Fri, Dec 16, 2022
New reports have emerged that BYJU's, which may have seen a definite erosion in its last market value at $22 billion, hasn't paid several of its vendors for months.
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.
Wed, Nov 02, 2022
After BYJU'S founder Byju Raveendran's meeting with the state chief minister, the company has now reversed the decision and decided to expand operation in the state.
Fri, Oct 28, 2022
BYJU'S Aakash has grown more than 100 per cent since its acquisition last year.
Wed, Oct 12, 2022
Byju's co-founder Divya Gokulnath told PTI that the company will start focussing on building brand awareness overseas through new partnerships and hire 10,000 teachers for India and overseas business.
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.
Wed, Sep 14, 2022
Byju's said that the company has maintained a retention renewal rate of 80 per cent and is expanding its offline centres to boost the business.
Thu, Jun 30, 2022
Toppr's sacked employees said that they got a call from the company on Monday and were asked to resign, failing which they will be terminated without any notice period.
Thu, Dec 16, 2021
Byju`s has held talks with several potential SPAC partners and was working out an agreement with Michael Klein`s Churchill Capital, Bloomberg reported, adding that the startup would raise a total of about $4 billion and seek a valuation of about $48 billion.
Fri, Dec 10, 2021
Edtech major Byju's on Friday said it has appointed former Bain & Company Partner Rachna Bahadur as the Senior Vice President to lead its global expansion plans.
Wed, Dec 08, 2021
Continuing its aggressive acquisition spree, Byju's on Wednesday said it has acquired Austria-headquartered GeoGebra.
Wed, Oct 06, 2021
The company is yet to submit documents to the Registrar of Companies (RoC) for its financial numbers for FY21.
Thu, Sep 16, 2021
In July, Byju's had acquired US-based digital reading platform Epic for USD 500 million (around Rs 3,729.8 crore) and had announced an additional USD 1 billion (about Rs 7,459.7 crore) investment over the next three years in the North American market to expand its operations there
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