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BYJUS BENGALURU
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.
- Prosus stake in Byju’s worth zero: HSBCThis comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any i...
- NCLAT dismisses appeal by investors against Byju’sThe National Company Law Appellate Tribunal has rejected an appeal filed by a group of investors of Byju’s seeking intervention in the case...
- Byju's seeks arbitration in dispute with investors; NCLT adjourns hearing to April 23During Thursday's proceedings, the NCLT noted that it would be a “blatant violation” of its interim order dated February 27 if Byju’s has i...
- Byju’s asset sale hangs fire amid investor flare-upsUnlike Epic — which is also on the block — the sale of Great Learning is being overseen directly by its founder Mohan Lakhamraju, along wit...
- 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...
- ETtech Recap: Five must-read stories on Byju's crisis this weekETtech brings you up to speed with all the latest developments surrounding Byju's.
- Byju’s shutters offices across Delhi NCR, BengaluruEmployees at Byju’s that ET spoke to said that the company had cleared up its office space in Sector 44 this month.
- Bengaluru employee union alleges Byju's forcing resignations; company denies claimsA Bengaluru-based union of IT sector employees has flagged “massive retrenchment” drive at the company where the company staff is being ask...
- Now, Byju's employees in Bengaluru allege forceful resignationsBengaluru-based Edtech giant Byju's, after making news for massive layoffs in Kerala's Thiruvananthapuram, is now facing similar allegation...
- Byju's leases 5.5 lakh sq ft office space in BengaluruBengaluru remained the foremost market with a total leasing of 3.5 msf of office space, followed by NCR, which recorded 2.3 msf of gross le...
- With $150m more, Byju’s is 4th valuable Indian private companyThere’s no shortage of funds for proven winners in Indian startup space. Byju’s reaches a fresh milestone, while Moglix gets more funds to ...
- Byju’s-Disney app for early learnersDisney Byju’s Early Learn, as the service is called, will be a standalone app that is likely to go live sometime next week.
- Byju’s to recruit 3.5k, double workforceByju’s is looking to hire about 2,000 people for its sales and operations team, while the rest will be added to its content-creation team.
- Byju’s buys US learning platform Osmo for $120 millionWith its fifth & largest acquisition, Byju’s said it wants to tap Osmo’s physical-to-digital technology and content to expand its current o...
- Byju’s in talks with SoftBank, others to raise up to $250 millionByju’s is in the process of expanding to English-speaking markets, including the United States, the UK and Australia. The company has also ...
- Byju’s adds B’luru’s Math Adventures to its platform in an effort to build its K-3 product lineByju’s is now looking to expand into the English-speaking markets, including the US, the UK and Australia. It is also working on launching ...
- Byju's acquires TutorVista, Edurite from PearsonByju’s flagship product — Byju’s -The Learning App — has 8 mn users and around 400,000 annual paid subscribers, and caters to students from...
- Byju's lessons earn Aarin Capital ten-fold returnThe firm sold a 6-7% stake in Byju’s to Silicon Valley venture capital firm Lightspeed Venture Partners, in a transaction pegged close to R...
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