Trump Board of Peace's official Gaza fund is emptyPresident Trump's Board of Peace Gaza reconstruction fund remains empty. Despite pledges of billions from member nations, no money has been...
India races to secure fertilisers as crucial sowing season approaches amid war disruptionsIndia is seeking to boost its fertiliser reserves for the upcoming kharif sowing season by floating tenders for 1.7 million tonnes of urea ...
Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
Byju’s founder Raveendran sentenced to six months in jail for contempt of courtByju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
UpGrad, Unacademy file application with CCI for mergerEdtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy ...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
MCA seeks fast submission of inspection report on Byju’s; company says 'complied with' govt directionsThe Ministry of Corporate Affairs (MCA) has requested a swift investigation into potential corporate governance issues at Byju's and will d...
Byju’s credits January salaries; CEO says moving mountainsOn Friday, Byju's said an “artificially induced crisis” by a select group of investors for a delay in paying the January salaries. Raveendr...
From $22 billion to $1 billion: Byju’s valuation at BlackRock bottomPreviously, BlackRock had valued Byju's at $8.2 billion at the end of the March quarter of 2023. For Byju's, this is not the first valuatio...
Plan significant Byju’s markdown over lack of visibility on audited financials: Peak XV tells limited partnersPeak XV told LPs that GV Ravishankar’s resignation from Byju’s board on June 6 was due to the fund’s dissatisfaction with the company’s man...
Government orders inspection of edtech major Byju's amid financial, corporate governance concernsThe inspection of Bengaluru-based Think & Learn Pvt Ltd, which operates under the brand Byju's, will be carried out by the corporate affair...
Byju's tells investors it will file 2022 earnings by SeptemberByju's leadership, including founder Byju Raveendran and Chief Financial Officer Ajay Goel, briefed about 75 shareholders on Saturday to ad...