Byju’s
Infrastructure
VC firm B Capital infuses more funds into Indian EV company
US-based multi-stage venture capital firm B Capital has re-invested in an Indian company as part of the latter's Series E fundraising ......
People
Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig
Beleaguered edtech company Byju’s India CEO Arjun Mohan has stepped down, ten months after moving to the company from rival ......
TMT
Byju's breached terms of loan from Manipal's Pai, Aakash stake sale blocked: Arbitrator
Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to ......
General
Grapevine: Morgan Stanley PE, Multiples eye RG Stone stake; EDF to sell India assets
RG Stone, a chain of urology and laparoscopy hospitals in India, has initiated discussions with several private equity (PE) firms ......
General
Grapevine: Aakash founder unlikely to return as CEO; Bajaj Housing Finance, Lava mull IPOs
Aakash Institute, owned by Byju's and with a 40% stake held by Ranjan Pai of the Manipal group, has abandoned ......
TMT
Investors jittery as some Indian startups' fall from grace dwindles faith
India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
Consumer
Hedge fund manager faces arrest in US over $533 mn taken from Byju's
A U.S. bankruptcy judge on Thursday ordered the arrest of William Cameron Morton, a hedge fund manager who allegedly helped ......
Consumer
GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more
US-based multi-stage investor GSV Ventures, which primarily backs digitised education players and upskilling companies, is set to strike a fresh ......
General
Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects
Global investment firms, including Brookfield, GIC of Singapore, and Alpha Wave, are in contention for a minimum 50% stake in ......