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Deals Digest: Companies rake in $1.06 bn led by PE deals

General

21 October, 2022

Deals Digest: Companies rake in $1.06 bn led by PE deals

Investments by venture capital (VC) and private equity (PE) firms shot up to $1.06 billion this week against $220 million ......

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Here's why the nation's startup valuation race mustn't be reckless

Finance

19 September, 2022

Here's why the nation's startup valuation race mustn't be reckless

There is a popular saying that a crisis is all you need to separate the strong from the weak. The ......

Byju's FY21 loss widens after co changes revenue recognition

Finance

14 September, 2022

Byju's FY21 loss widens after co changes revenue recognition

Think and Learn Pvt. Ltd., the parent company of edtech decacorn Byju’s total comprehensive loss for the year ending March ......

Byju's to settle Blackstone dues for Akash deal in Sept

Finance

23 August, 2022

Byju's to settle Blackstone dues for Akash deal in Sept

Edtech unicorn Byju’s is likely to settle dues of $180 million to Aakash Educational Services shareholder Blackstone Inc. by September-end, ......

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Byju's backer Prosus to invest in SaaS-based legal tech startup

TMT

15 August, 2022

Byju's backer Prosus to invest in SaaS-based legal tech startup

Prosus Ventures, which has backed unicorns like Byju’s and PharmEasy, is in discussions to invest $10 million around (Rs 79 ......

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Campus hiring may not be easy for startups this time around. Here's why

TMT

10 August, 2022

Campus hiring may not be easy for startups this time around. Here's why

Top engineering and business schools are taking a hard look at the startups turning up for campus recruitments following layoffs ......

Vedantu lays off 100 employees as part of restructuring

TMT

03 August, 2022

Vedantu lays off 100 employees as part of restructuring

In its third bout since May, online tutor Vedantu has laid off 100 employees as part of a restructuring exercise, ......

Lightspeed closes $500 mn early-stage fund for India, Southeast Asia

TMT

12 July, 2022

Lightspeed closes $500 mn early-stage fund for India, Southeast Asia

Silicon Valley-based Lightspeed Venture Partners has raised $500 million (around Rs 4,000 crore) for its fourth early-stage fund in India ......

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Byju's revenue doubles in FY22, valuation pegged at nearly $23 bn

TMT

07 July, 2022

Byju's revenue doubles in FY22, valuation pegged at nearly $23 bn

India’s most valuable startup Byju’s has just gotten bigger, with the online education platform doubling its revenue to nearly ₹10,000 ......

Byju's fires Toppr staff to cut costs, integrate units

TMT

29 June, 2022

Byju's fires Toppr staff to cut costs, integrate units

Edtech decacorn Byju’s has asked around 500 employees to resign from its subsidiaries Toppr and Whitehat Jr as it looks ......