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BYJUS FUNDRAISING
NCLT refuses to stay Byju’s EGM over $200 million rights issueThe stay was sought by investors of Byju’s parent Think & Learn, led by Prosus, to block the rights issue.- Byju’s FY22 losses soar to Rs 8,245 crore; cash-strapped edtech explores rights issue at $500 million valuationThe rights issue, where existing investors will be offered the option to buy new shares in Think & Learn, may value the edtech firm at anyw...
- Byju’s founder Byju Raveendran pledges homes to raise funds for staff salariesTwo homes owned by the former billionaire’s family in Bengaluru, in southern India, and his under-construction villa in Epsilon — a plush g...
- Byju’s to form committee to advise CEO on board, governanceCEO Byju Raveendran told shareholders that Byju’s is much larger than any individual and decisions made will be in the best interest of the...
- Consortium of Byju’s lenders extends pact to deal with edtech jointly: reportAn earlier pact signed by the lenders’ consortium, which requires them to act in concert in negotiations with the edtech, is set to expire ...
- Byju’s seeks to raise $1 billion to sidestep shareholder revoltByju’s, which has been trying to raise fresh funds for months, seeks to close a round within two weeks, sources said.
- BlackRock marks down Byju’s valuation again to $8.2 billionEarlier in February, the fund manager had cut the value of its investment in Byju’s to about $11 billion. The edtech firm’s other marquee i...
- Byju’s picks up Rs 300-crore loan from subsidiary AakashLast week, Byju’s closed a financing round of $250 million from existing investors, including Qatar Investment Authority (QIA), which led t...
- Byju’s raises $250 million funding from existing investors, eyes another $500 millionByju's, which continues to face overall scrutiny of its financials and business model, is in talks to raise another $500 million in funding...
- Abu Dhabi’s SWFs in talks to join $500 million Byju’s fundraiseSources close to the company said Byju’s potential investors are being given two options — either they come as equity investors at a $22 bi...
- Byju’s closes $800 million pre-IPO fundraise at a valuation of $22 billionThe round, which comes ahead of its planned initial public offering (IPO), values the Bengaluru-based company at about $22 billion, people ...
- Edtech unicorn Byju's raises $1.2 billion via term loanByju’s, India’s highest valued edtech startup, has taken advantage of the interest rate arbitrage available in global markets, with record ...
- Byju’s puts IPO plans into overdrive, to raise $400-600 million firstByju’s could close the pre-IPO funding round in a few weeks at a valuation of about $21 billion and then seek a valuation of $40-50 billion...
- Byju’s to accelerate IPO plans as India tech boomsThe Bangalore-headquartered company could close the pre-IPO fundraising in a few weeks at a valuation of about $21 billion, said one of the...
- Byju's becomes India's most valued startup after $340 million fundingThe funding round values the company at around $16.5 billion post-money
- Byju’s valuation tops $15 billion after over $1-billion fundingByju’s, India’s most valued edtech startup, has raised $1.51 billion in three tranches of Series F funding round. The capital raised is lik...
- Byju's in talks with B Capital, others to raise $500-600 million, valuation may top $14BThe primary capital infusion is largely to fund Byju’s acquisition of Aakash Educational Services which is being pegged at $700-800 million...
- Byju's signs billion-dollar deal to acquire Aakash Educational Services: ReportThe deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months.
- Byju's in talks to scoop up fresh funds from T Rowe Price, BlackRock & othersValuation for the edtech major likely to touch $12 billion
- Byju’s gets $122m from tech billionaire Yuri Milner’s fund DST GlobalByju’s has allotted 42,666 Series F preference shares to DST Global for ₹908.9 crore, documents filed with the Ministry of Corporate Affair...
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