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6 mins read
Indian startups shed ₹4 lakh crore in value led by Byju's, PharmEasy & more
Startups had a bad year with Swiggy shedding 26% of its value, Dream11’s value went down by 9.8%, …
2 mins read
Byjus proposes sale of overseas units to repay $ 1.2 billion loan
Byju's hopes to garner between USD 800 million to USD 1 billion from the sale of Epic, the US-b…
PTI
1 min read
BYJU's slashes over 1,000 jobs, mostly from its engineering teams
Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…
7 mins read
A billion little pieces: Unicorns lose bragging rights as funding winter deepens
A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…
3 mins read
Unicorn health check: 30 will be IPO ready next year but future bleak for 20
The next three years will be testing times for unicorns, says Redseer, which sees a bleak future f…
1 min read
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…
1 min read
BYJU's set to raise $250 million, at a lower valuation
Edtech major BYJU's is in advanced stages to raise $250 million at a valuation which is "lower than…
7 mins read
Serum Institute tops India’s unlisted majors but sheds valuation; Byju’s, Swiggy see worrisome fall
The cumulative value of India's 500 most valuable companies declined by 6.4% to ₹212 lakh crore in …
2 mins read
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
2 mins read
IPL 2023 opens with drop in advertisers: 40% drop for TV, 70% for digital
Digital advertising fared worse, with a 70% drop in advertisers on Day-1. On the opening day, the n…
ANI
2 mins read
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…
4 mins read
BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun
The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…
2 mins read
BYJU's cuts 600 jobs across Toppr, WhiteHat Jr
In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU's has…
3 mins read
The many troubles at BYJU’s that goes beyond the recent layoffs
The many troubles at BYJU’s that goes beyond the recent layoffs
5 mins read
Byju’s has raised $1.3 billion this year so far in pursuit of its American dream
Anita Kishore, the strategy officer at @BYJUS's talks about why they chose US as a key market. …
2 mins read
Employees not forced to resign, it's part of 5% workforce reduction: BYJU's
Earlier this month, BYJU's had announced to reduce 5 per cent of its 50,000-strong workforce (ab…
2 mins read
Byju’s insider says the US SPAC offer values company at $48 billion
Edtech giant Byju’s — which is leading the Indian startup ecosystem with the highest valuation — ha…
3 mins read
After raising $2 billion since 2020, Byju’s is now looking to raise another $500 million in debt to acquire more businesses
The world’s highest valued edtech firm Byju’s is reportedly planning to raise $500 million or ₹3,70…
2 mins read
BYJU’s comes under govt scrutiny for not filing financial data for FY21
According to sources, the ministry sent a letter to BYJU's earlier this month, asking the $22 …