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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: 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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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 ......

ED searches Byju's premises under anti-money laundering law

TMT

29 April, 2023

ED searches Byju's premises under anti-money laundering law

The Enforcement Directorate (ED), a financial crime-fighting agency, said Saturday it conducted searches at three of edtech company Byju's premises ......

Grapevine: Abu Dhabi firm keen to bet on Byju's; Baring PE set to invest in IVF chain

General

20 April, 2023

Grapevine: Abu Dhabi firm keen to bet on Byju's; Baring PE set to invest in IVF chain

Abu Dhabi’s fund 10X AD is in talks with edtech major Byju’s chief executive Byju Raveendran for an investment in ......

Byju's reverts call to shut Technopark office, to hire employees back

TMT

02 November, 2022

Byju's reverts call to shut Technopark office, to hire employees back

Edtech decacorn Byju’s on Wednesday reverted its decision to shut down its office in Technopark in Trivandrum and hire back ......

Byju Raveendran pens emotional farewell note to sacked staff

TMT

31 October, 2022

Byju Raveendran pens emotional farewell note to sacked staff

Byju’s founder Byju Raveendran on Monday wrote to employees seeking forgiveness for the recently announced 2,500 layoffs from the company, ......

Byju's secures Rs 300 cr loan from Aakash

Finance

27 October, 2022

Byju's secures Rs 300 cr loan from Aakash

Think and Learn Pvt. Ltd, which runs edtech unicorn Byju’s, has raised Rs 300 crore via a collateral-free loan from ......

Byju's-owned Great Learning buys Northwest Executive Education

TMT

11 May, 2022

Byju's-owned Great Learning buys Northwest Executive Education

Byju’s-owned upskilling platform Great Learning has acquired Singapore-based Northwest Executive Education in a cash and equity deal.  The company did not ......

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

Finance

18 February, 2022

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

The Indian private equity (PE) market is too competitive to have a sustainable strategy around buying low and selling high, ......