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EdTech revival? PhysicsWallah raises $210 million, catapulting the firm’s valuation to $2.8 billion

PhysicsWallah secures $210 million in funding, boosting its valuation to $2.8 billion amid challeng…

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India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.

The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…

Shubhangi Goel   


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ED slaps over Rs 9,300 crore FEMA notice against BYJU's, main promoter Raveendran

T he Enforcement Directorate on Tuesday said it has issued a foreign exchange violation show cause …

PTI   


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ED upgrades Look out Circular against BYJU's promoter Byju Raveendran

The Enforcement Directorate has upgraded its Look out Circular (LC) issued against BJYU's founder a…

PTI   


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ED issues look out notice against Byju Raveendran: Sources

Reportedly, this development comes ahead of a high-stakes Extraordinary General Meeting (EGM) sched…

ANI   


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Byju's CEO, investors responsible for edtech firm's downfall: UpGrad's Ronnie Screwvala

Ronnie Screwvala, serial investor and Co-founder/Chairperson of edtech platform upGrad, on Wednesda…

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My head is bloody, but unbowed: Byju Raveendran writes to shareholders

Byju Raveendran, the founder and CEO of embattling edtech company Byju's, in his letter to sharehol…

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Byju's aims to raise $200 mn via rights issue at drastic valuation cut

Think and Learn Private Limited (TLPL), the parent company of Byju's, on Monday announced to raise …

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BlackRock reduces Byju's valuation to mere $1 billion

Byju's did not immediately comment on the latest valuation cut. This isn't the first time BlackRock…

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BYJU's CFO Ajay Goel quits after audit, Nitin Golani gets additional charge

Educational technology company BYJU'S Chief Financial Officer Ajay Goel has quit after completing t…

PTI   


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BYJU's all set to raise $500-$700 mn led by top VC firms

Edtech major BYJU's is all set to raise around $500-$700 million in its latest funding round at a f…

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ED raids BYJU's CEO Raveendran Byju, says he skipped several FEMA summons

The federal financial investigation agency said in a statement it has seized various "incriminat…

PTI   


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BYJU'S hires Ajay Goel as CFO amid myriad of problems

Edtech company BYJU'S has appointed Ajay Goel as its chief financial officer (CFO), as it aims to s…

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7 mins read

Byju's last two acquisitions and a deal with Disney reveal its American dream ⁠— one that is anchored in India

Byju’s has already laid out an elaborate plan for the estimated $43 billion+ edtech market in the U…

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Edtech decacorn Byju’s raises $250 million from existing investors

Indian edtech decacorn BYJU'S on Monday announced a new fundraise of $250 million from its existing…

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4 mins read

BYJU's acquires another American startup, plans to spend $1 billion on US expansion

BYJU’s has acquired US-based digital reading platform Epic, which focuses on kids under the age of …

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BYJU's to miss March 2023 deadline for group level profitability, results delayed again

Edtech firm BYJU's will not be able to meet its March 2023 deadline to achieve group-level profitab…

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Byju’s acquires yet another coding-for-kids startup, this time an American one

Edtech giant Byju’s has made another move towards gaining control of the North American market, wit…

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Byjus raises more Rs 3,600 cr and says its fundraising plans are on 'track'

Edtech platform BYJU's on Monday said that the company has received funds from 11 out of 13 investo…

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5 mins read

Want to invest in unlisted companies like Ola, Paytm or Byju’s? Here is how you can do it

Investment in publicly listed companies like Reliance Industries, State Bank of India is very well …