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Investors vote for change of guard at Byju's; startup says resolution 'invalid'

TMT

23 February, 2024

Investors vote for change of guard at Byju's; startup says resolution 'invalid'

Things seem to be worsening for the beleaguered edtech Byju’s, as a consortium of its investors, which last month sought ......

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Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding

General

23 February, 2024

Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding

Global investment giant KKR is directing a significant portion of its newly-raised $6.4 billion pan-Asian infrastructure fund towards India, a ......

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Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

General

20 February, 2024

Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

Edtech firm Think and Learn, operating under the Byju’s brand, has received commitments totaling $300 million (Rs 2,489 crore) for ......

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Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

General

12 February, 2024

Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

Ontario Teachers Pension Plan (OTPP), one of the world’s largest pension funds, is teaming up with domestic private equity firm ......

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Grapevine:  ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion

General

07 February, 2024

Grapevine: ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion

Indian private equity firm ChrysCapital is in the process of raising up to $300 million for a new fund to ......

Grapevine: Byju's gets reprieve from court; Muvin shuts operations

Finance

06 February, 2024

Grapevine: Byju's gets reprieve from court; Muvin shuts operations

Bengaluru-based edtech giant Byju’s got a favourable order from a Bengaluru civil court that rejected a plea by its lenders ......

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Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

General

05 February, 2024

Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

South Korean automaker Hyundai Motor is mulling an initial public offering of its Indian unit, Hyundai Motor India, to tap ......

Byju's hits back at investors, says they can't vote CEO out

TMT

02 February, 2024

Byju's hits back at investors, says they can't vote CEO out

Beleaguered edtech firm Byju's, whose major investors called for an extraordinary general meeting seeking changes in leadership, said Friday its investors do not ......

Byju's US unit files for bankruptcy in Delaware

TMT

02 February, 2024

Byju's US unit files for bankruptcy in Delaware

A U.S. unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the U.S. court ......

Byju's major investors seek leadership change, board reshuffle

TMT

01 February, 2024

Byju's major investors seek leadership change, board reshuffle

A group of Byju's shareholders including tech investor Prosus said on Thursday it is seeking a revamp of the embattled ......