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Byju's business head resigns amid reorganisation at Indian startup

People

29 August, 2023

Byju's business head resigns amid reorganisation at Indian startup

Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives have resigned as the struggling Indian ed-tech startup restructures ......

Swiggy, Byju's backer Prosus splits food, edtech investment teams

People

22 August, 2023

Swiggy, Byju's backer Prosus splits food, edtech investment teams

Prosus Ventures, formerly Naspers, an early-stage and growth investor in privately held companies, has split its food delivery and edtech ......

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Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

General

21 August, 2023

Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......

Byju's ropes in former Infosys executive as HR advisor

People

14 August, 2023

Byju's ropes in former Infosys executive as HR advisor

Troubled edtech startup Byju's said on Monday that it has roped in Richard Lobo as an exclusive advisor for its human resources function.    The appointment follows up ......

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Another hurdle for Byju's as Aakash's minority stakeholders say no to share swap

TMT

01 August, 2023

Another hurdle for Byju's as Aakash's minority stakeholders say no to share swap

Private equity firm Blackstone and the Chaudhry family, the two minority shareholders in Aakash Educational Services Ltd (AESL), have declined ......

Peak XV to hold CEOs meet for first time after Sequoia split

Finance

31 July, 2023

Peak XV to hold CEOs meet for first time after Sequoia split

India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee companies next ......

Byju's 'regularly disregarded' former director's advice, says Prosus

TMT

25 July, 2023

Byju's 'regularly disregarded' former director's advice, says Prosus

Prosus NV, an investor in Indian educational technology startup Byju's, said on Tuesday the company's management "regularly disregarded advice" despite ......

Byju's downsizes Bengaluru office space in cost-saving bid

TMT

24 July, 2023

Byju's downsizes Bengaluru office space in cost-saving bid

Troubled Indian startup Byju's has cut down on its office spaces in Bengaluru, two sources told Reuters on Monday, as ......

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Grapevine: Creador eyes NBFC; Byju's to tweak loan terms

General

24 July, 2023

Grapevine: Creador eyes NBFC; Byju's to tweak loan terms

Creador, the South and Southeast Asia-focused private equity firm founded by former ChrysCapital partner Brahmal Vasudevan, is in advanced discussions to invest in an ......

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Deals Digest: Maxivision gets PE backing; LetsTransport, Zluri get big VC cheques

TMT

14 July, 2023

Deals Digest: Maxivision gets PE backing; LetsTransport, Zluri get big VC cheques

Private equity and venture capital dealmaking continued an upward trend for the second consecutive week on the back of a ......