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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 ...- ID startups face data heat; Nykaa eases into qcommHappy Monday! Startups offering identity verification services are under the government’s scanner. This and more in today’s ETtech Morning ...
- Byju’s fires 500 employees; India Inc and influencer marketingTroubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5.
- 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 ...
- Byju’s investors spell out terms for fresh funding; ecommerce orders see Black Friday spikeInvestors at Byju’s have demanded the company meet certain conditions before they invest new capital amid a deepening fund crunch.
- Financial report card for Nykaa, Dunzo; Byju’s in talks with Joffre for Epic saleFSN E-Commerce, the parent entity of omnichannel beauty and fashion retailer Nykaa, saw its Q2 profit jump 50%. Cash-strapped Dunzo also di...
- A big comeback likely at Byju’s Aakash; TCS chief on growth outlookHappy Monday! An important comeback seems to be in the works at Byju's-owned Aakash Institute, linked to the completion of the latter’s two...
- WhatsApp’s new pricing to hurt small businesses; Byju’s, Meesho hit by valuation cutsSmall and medium enterprises, which are heavily reliant on WhatsApp business messaging to push their products, are worried ahead of a chang...
- 'Loss after loss': Parents detail how Byju's pushed them into debtParents said Byju's staff took advantage of a desire to provide the best education for their children, and encroached on their privacy by a...
- Ecomm order volumes up 37% in 2022: report; IT firms expect operating margins boostUnicommerce’s data is based on analysis of more than 500 million transactions. It does not include the data related to sales of mobile phon...
- Byju Raveendran summons | Won't spare edtech if guidelines have been violated: NCPCR chiefThe NCPCR has asked Byju Raveendran to appear in person before it on December 23 to respond to the allegations that malpractices had been c...
- Byju’s losses swell to Rs 4,588 crore in delayed FY21 resultsSpeaking to ET, Raveendran said the company had recorded "significant growth in revenue compared to financial year 2020 but because of reve...
- Adarsh Menon to head Flipkart’s new verticals; stay in your lane, RBI tells fintech firmsMenon, who joined the company in 2015, will head its new businesses, such as Shopsy and Cleartrip, once Prakash Sikaria leaves the firm lat...
- Byju’s defers payments for Aakash deal; Zomato sheds $1B market cap in two daysOnline education provider Byju’s, India’s most valuable startup, is pushing back payments for its nearly $1 billion acquisition of Aakash E...
- Move over retail, omnichannel has come to learningEntering the edtech sector is easy but sustaining there is tough as the market is crowded. The answer lies in resilience and building trust.
- ET Startup Awards 2021: Zomato wins Startup of the Year awardZomato's blockbuster IPO—among the biggest for the Indian stock markets—not only received major institutional capital but also stirred mass...
- ET Startup Awards 2021: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...
- Tongue twist: Now, unicorns go vernacular for Bharat usersUnicorns such as Byju’s, Policybazaar among others support anywhere between two & 12 regional languages.
- How fintech firms like LoanTap, CashCare use innovations to go one up on banksWhile a few are plugging into ecommerce sites directly to provide consumers with easy EMI options, others are trying to refill the customer...
- ET Startup Awards 2016: How 'Startup Of The Year' Freshdesk aims to be the next big unicornFreshdesk’s helpdesk software can be used by customer support agents around the world to manage customers on various channels like email & ...
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