Byju’s
TMT
Byju's seeks to raise $200 mn to service immediate liabilities
Edtech player Byju's is looking to raise $200 million from its existing equity investors through a rights issue it launched ......
General
Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan
Edelweiss Alternatives has raised over Rs 8,000 crore (almost $1 billion) for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield ......
TMT
Byju's FY22 loss widens to over $1 bn even as revenue more than doubles
Think & Learn Pvt. Ltd, the company that operates edtech platform Byju’s, posted a wider loss for the financial year ......
TMT
Byju's to raise funds at 90% valuation cut: Report
Embattled Indian edtech startup Byju's is looking to raise more than $100 million from existing stakeholders but at a steep 90% ......
TMT
Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn
Some of the world’s biggest private equity firms, asset managers, pension funds and sovereign wealth funds are now sitting on ......
General
Deals Digest: Momentum slows even further than last week's lows
Private equity and venture capital deal flow started 2024 on a snail-like pace as momentum in terms of value remained ......
People
No respite for Byju's as startup sees another top-level management exit
The year 2024 may start on a bitter note for edtech unicorn Byju’s, with another top-level exit after multiple resignations ......
General
Grapevine: Reliance, Disney ink term sheet for media merger; SoftBank cuts FirstCry stake
Reliance Industries Ltd and Walt Disney Co have signed a non-binding term sheet to merge their India media and entertainment ......
General
Grapevine: Byju's may need Epic sale funds for own ops; Bira91, MoveInSync eye funding
Cash-strapped edtech firm Byju's may use a portion of the funds it intends to generate by selling US-based unit Epic ......
TMT
Prosus slashes Byju's valuation to under $3 billion
Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less ......