Troubled edtech major Byju's, which was once an investor's favourite , saw its valuation plummet by a staggering 86% from $22 billion to less than $3 billion in just the span of one year.
Between 2017 and 2021, BYJU’S went on a shopping spree and acquired 17 companies within five years, which is a record three and a half companies every year BYJU’S invested around $3 Bn in ...
Byju Raveendran, Founder and CEO of Think and Learn, owner of BYJU'S brand, has raised debt in his personal capacity to pay the salaries of employees for March, according to the sources.
The odds are stacked against BYJU’s founders Byju Raveendran and Divya Gokulnath, and it all seems to be going awfully wrong for the edtech giant that once was a poster child for Indian tech ...
Deloitte Haskins & Sells, the company’s auditor, which has a five-year mandate up to 2025, said it had no clarity on when Byju’s planned to finalise its 2021-22 accounts or even fix issues it ...
However, it decided against doing so after counsels representing the former directors—Byju Raveendran and Riju Raveendran—objected, arguing that they needed to be heard before the tribunal ...
Tata once again became the proud owner of India’s first commercial airlines after decades. Merger and acquisitions (M&A) in India reached a three year high after deals worth $90.4 billion were ...