Byju’s challenges NCLT order restricting fund use in Karnataka High CourtByju’s faces protests from investors over $200 million rights issue conducted at 99% discount. Lenders within consortium loaned $1.2 billio...
23 Jun, 2024, 03.54 PM IST
NCLT directs Byju’s to maintain status quo, halts $200 million rights issueThe National Company Law Tribunal (NCLT) has directed edtech major Byju's to maintain status quo in its shareholding, pausing its controver...
14 Jun, 2024, 12.00 PM IST
Paytm Bank slows down in Fastag lane; q-comm in soup over food safetyHappy Friday! Banks are gaining ground in the toll payments space as Paytm Payments Bank’s market share continues to plummet. This and more...
14 Jun, 2024, 07.54 AM IST
Macquarie slashes Byju’s valuation by 98% after Julius Baer protestThe unit of Australia’s Macquarie Group Ltd. is cutting the value of its stake in the beleaguered education provider by about 98%, the peop...
02 Mar, 2024, 07.01 PM IST
Winning the subscription battle; and other top tech, startup stories this weekE-commerce industry executives say that the key to making a subscription programme work is always a large bouquet of offerings. The pricing...
02 Mar, 2024, 09.28 AM IST
Byju’s seeks lifeline, valuation crashes 99%Edtech major Byju’s beset with internal and external challenges rolled out a rights issue to raise up to $200 million. In its desperate att...
29 Jan, 2024, 08.21 PM IST
FY23 earnings for Unacademy, Myntra; Union Bank staff spurn digital currency perksFY23 results for Myntra, ZestMoney, Curefoods, Unacademy, Sugar Cosmetics, and Kapiva presented a mixed picture on Wednesday, with surging ...
03 Jan, 2024, 07.36 PM IST
Mojocare’s plan for its remaining capital; Mamaearth's fresh global pushThe board of troubled health and wellness products startup Mojocare has taken a call to return the remaining capital to investors. Details ...
17 Oct, 2023, 07.50 AM IST
Exclusive: Byju’s, lenders agree to alter terms of $1.2 billion loanCreditors could drop the demand for accelerated repayment; all litigations may come to an end if talks turn out to be fruitful.
24 Jul, 2023, 10.49 AM IST
Byju’s staffers temporarily call off protest after ‘unplanned’ town hallThe virtual town hall, a 50-minute call starting around 11 am, had Mohit assure employees that the company will no longer delay variable pa...
22 Jul, 2023, 09.57 PM IST
Ripple effects of Byju’s crisis; Foxconn pings others as Vedanta JV stallsThe crisis at Byju’s is experienced first-hand by its employees, who now stare at an uncertain future as their employer battles one problem...
26 Jun, 2023, 03.50 PM IST
ETtech Exclusive | Snap’s India usage doubled in 2022: Evan Spiegel; Byju’s in funding talks with Apollo Global, Abu Dhabi Fund 10X ADSnap Inc's cofounder & CEO spoke exclusively to ETtech about growth in the Indian market, leadership changes here, and focus on monetisatio...
20 Apr, 2023, 07.32 AM IST
Telcos want the likes of WhatsApp, Telegram to come under Trai; Byju’s in funding talks with TPGTelecom operators, including Reliance Jio, Bharti Airtel and Vodafone Idea, have once again made a strong pitch for regulation of communica...
16 Feb, 2023, 07.27 PM IST
Fintechs, RBI consult over FLDG rules; restaurants explore options as Zomato Gold returnsFollowing the release of the Reserve Bank of India’s (RBI’s) new digital lending rules, fintechs in India have been in continuous consultat...
31 Jan, 2023, 07.27 AM IST
The lessons we learnt from 2021’s controversies2021 — also known as the year of the brouhaha, when the advertising and marketing sector faced a fair share of storms. Industry vets tell E...
29 Dec, 2021, 11.58 AM IST
ETtech Evening Briefing on Feb. 16, 2021: Greta’s toolkit explainedShared by Greta Thunberg on February 4, the protest toolkit has been spoken about endlessly since the arrest of 21-year-old climate activis...
16 Feb, 2021, 09.12 PM IST
Kerala assembly passes resolution against the three Central farm laws demanding its withdrawal31 Dec, 2020, 11.49 AM IST