Byju’s has raised $250 million in fresh funding and is close to securing an additional $700 million, two people familiar with the matter told TechCrunch, as the Indian edtech giant builds up its war ...
BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian startup to about $1 billion from $22 billion in early 2022, according to disclosures made ...
Prosus NV slashed the value of its holding in Byju’s by 15%, the investor’s second reduction in less than a year, as the beleaguered Indian ed-tech startup fights off an investor uprising. Prosus set ...
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NEW DELHI, July 19 (Reuters) - Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a ...
Sept 7 (Reuters) - Indian education technology company Byju's' auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju ...
Byju Raveendran, the founder of Indian e-learning startup BYJU’S, knows how to press an advantage. As users of his company’s signature app nearly doubled to 80 million during the COVID-19 pandemic, he ...
Indian online education provider Byju’s received strong demand for its term loan from global investors including Blackstone, Fidelity and GIC, according to people involved in the deal. The ...
When Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.
A U.S. unit of what was once among the hottest Indian education-tech startups filed for bankruptcy following a $1.2 billion loan default that the company disputed. Byju’s Alpha’s, a U.S. shell entity ...
The troubled EdTech start-up BYJU’S had two American firms it owned that were sold off by lenders suing the company over the repayment of a term loan worth USD 1.2 billion. These firms, Tynker and ...