Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
13 May, 2026, 09.17 AM IST
UpGrad, Unacademy file application with CCI for mergerEdtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy ...
08 May, 2026, 12.51 AM IST
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...
05 May, 2026, 12.02 AM IST
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.
04 May, 2026, 07.41 AM IST
Byju’s seeks $200 million in rights issue at 99% valuation cutByju’s, which is facing multiple crises and is in urgent need of a fresh cash infusion, is likely to price the share offering at as low as ...
30 Jan, 2024, 10.11 PM IST
Meesho’s fintech bet; Byju’s valuation crashes 99%Ecommerce firm Meesho is diversifying revenue streams via two new business lines. Details of this and more in today’s ETtech Morning Dispat...
30 Jan, 2024, 07.51 AM IST
From $22 billion to $1 billion: Byju’s valuation at BlackRock bottomPreviously, BlackRock had valued Byju's at $8.2 billion at the end of the March quarter of 2023. For Byju's, this is not the first valuatio...
13 Jan, 2024, 08.55 AM IST
Byju’s valuation below $3 billion; company facing challenges: Prosus interim CEOLate last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holdin...
29 Nov, 2023, 07.13 PM IST
Baron Capital marks up Swiggy, Pine Labs valuation; almost halves Byju’s valueIn its April-June quarterly report, Baron Capital cut the valuation of Byju’s to $11.7 billion as of June 30, down 44.6% from $21.2 billion...
28 Aug, 2023, 08.12 PM IST
Davidson Kempner sends legal notice to Byju's arm Aakash for loan covenant breachIn the legal notice which was sent to the company last week, Davidson Kempner said it reserves the right to invoke Aakash’s pledged shares ...
02 Aug, 2023, 10.39 AM IST
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...
30 May, 2023, 11.49 PM IST
BlackRock, Invesco mark down Byju’s, Swiggy holdings as tech valuations correctWhile BlackRock has slashed Byju’s valuation by nearly 50%, Invesco has cut Swiggy’s stake value by over 23%.
01 Apr, 2023, 12.25 AM IST
Most valuable Indian startup Byju's is said to seek easier terms on $1.2 billion loanByju's, India's most valuable startup, valued at $22 bn, has appointed an adviser to discuss tweaks in covenants of the term loan B with cr...
07 Dec, 2022, 05.09 PM IST
Byju’s spends $2 billion for acquisitions over six months, adds Great Learning, Toppr to listByju’s still has cash of $1 billion after financing these acquisitions and that capital will be used as investment to scale these new platf...
17 May, 2022, 08.47 AM IST
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 ...
08 Nov, 2021, 08.40 PM IST
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...
12 Apr, 2021, 10.32 PM IST
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...
27 Aug, 2020, 07.51 AM IST