Byju’s unveils key changes in sales pay structures, product pricingByju's reduced course fees by 30-40%, raised incentives by 50-100%, shifted to a pull-based sales model, and lowered annual subscription co...
09 May, 2024, 11.19 PM IST
Byju’s pays part of March salaries to employees, yet to clear Feb payoutsByju's CEO covers March salaries with personal debt. Blocked rights issue, $200 million raised earlier. Investors like Prosus, General Atla...
22 Apr, 2024, 09.11 PM IST
De-risking startup investing; Apple eyes more India manufacturing tie-upsHappy Tuesday! The Centre is charting a plan to cut investment risks for pension funds and insurance companies. This and more in today’s ET...
16 Apr, 2024, 07.33 AM IST
Byju’s India CEO out; ShareChat valuation drops 60%Byju’s India CEO Arjun Mohan has resigned after just six months in the job. Founder Byju Raveendran will fill in the role for now. This and...
15 Apr, 2024, 07.41 PM IST
Exclusive: Byju’s India CEO Arjun Mohan resigns, founder Raveendran to comeback at helm of daily opsByju Raveendran's return to the top of daily affairs after nearly four years is of significance as as a group of Byju’s investors voted in ...
15 Apr, 2024, 05.15 PM IST
Liquidity crisis will be addressed in 45-60 days, I’ll be the last man standing: Byju Raveendran tells senior execsRaveendran also addressed concerns from on changes in its business plans and optimisation of cost – both on people and business front – to ...
09 Dec, 2023, 10.42 AM IST
Byju’s elevates Jiny Thattil to CTO replacing Anil GoelJiny Thattil, had been serving as a senior vice president of engineering of Epic, an acquired business of the Bengaluru-headquartered major.
27 Nov, 2023, 05.15 PM IST
Ranjan Pai cuts Rs 1,400 crore cheque for Davidson Kempner debt, books Aakash seatsIn May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Ins...
11 Nov, 2023, 11.34 AM IST
Byju’s parent expected to adopt FY22 results this weekByju’s, which has missed payment on a $1.2 billion term loan, said it’s completed a long-awaited audit of all group units. Parent Think & L...
16 Oct, 2023, 09.17 PM IST
Byju’s creditors onboard Kroll to ‘safeguard’ assets including Great LearningThe appointment was made on behalf of the secured creditors of Byju’s Alpha, as part of the lenders’ exercise of their security rights foll...
11 Oct, 2023, 07.27 PM IST
Byju's to hold board meeting to approve delayed FY22 financialsByju's is at least 12 months behind the statutory due date to file its FY22 financial results with the Registrar of Companies. The delay ha...
30 Sep, 2023, 11.07 PM IST
Byju’s new India CEO Arjun Mohan to cut more than 4,500 jobsArjun Mohan, the new CEO of Byju's India, plans to implement several changes at the edtech firm, including cutting about 4,000-4,500 jobs t...
27 Sep, 2023, 10.15 AM IST
Byju’s India business gets new CEO in Arjun Mohan; IAMAI wants chairperson to be from Indian firmChange is constant at edtech major Byju’s these days. Former UpGrad CEO Arjun Mohan has now been appointed CEO of the company’s India busin...
20 Sep, 2023, 08.20 PM IST
Byju’s appoints Arjun Mohan as India CEO; incumbent Mrinal Mohit on way outInternally, the decision was announced on Wednesday. Mohit is leaving after spending nearly 10 years at Byju's. He was a close lieutenant o...
20 Sep, 2023, 05.38 PM IST
GST officials visit UpGrad office; routine survey, says companyThe news comes a day after ET reported that the directors of embattled edtech major Byju’s parent, Think and Learn Pvt Ltd, may be summoned...
19 Jul, 2023, 08.06 PM IST
Former SBI chairman Rajnish Kumar, ex-Infosys CFO Mohandas Pai join Byju’s advisory councilThese appointments come after Byju’s three key investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–resigned from the board le...
13 Jul, 2023, 11.05 PM IST
Former UpGrad CEO Arjun Mohan returns to Byju’sBefore his UpGrad stint, Arjun Mohan had spent a little over 11 years at K-12 edtech major Byju’s, where his last designation was chief bus...
13 Jul, 2023, 02.39 PM IST