Smartkarma Research: India EdTech Woes: Waning Demand, Dried up Funding & Risk of Eroding ValuationsThis pandemic-led boom in subscriptions helped drive valuations manifold. But with schools and physical tuition classes now back to full sw...
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...
Audited financial results on Sept 6, Byju’s informs debt investorsCompany may hold board meeting next week to discuss auditor's financial report for FY21 and FY22
Karti Chidambaram wants govt to probe edtech giant Byju's financesKarti Chidambaram said that "Byju's has not yet gotten its financial statements for FY2020-21 audited from its auditor Deloitte, and will t...
The ghost of crypto past is back to haunt bitcoinAmid a funding crunch globally, frugality and unit economics are the new buzzwords among startups as they focus more on cutting costs and m...
Byju’s $800 million funding round yet to close; edtech says Byju Raveendran completed $400 million infusionRaveendran, 42, the son of educators, founded his startup in 2015. Byju’s, whose parent company is formally known as Think & Learn Pvt, is ...
Byju’s yet to close $800M round; govt may quiz FB, Twitter on compliance rateFellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as ...
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 ...
Byju’s in talks to go public through Churchill SPAC dealUnder the preliminary terms discussed, Byju’s would raise a total of about $4 billion and seek a valuation of about $48 billion, the people...
Facebook whistleblower Frances Haugen and the power of oneOn Monday, Facebook, WhatsApp and Instagram went offline for six hours. That was only the second worst thing to happen to the social media ...
Byju's raising Rs 2,200 crore in new round at $18 billion valuationThis is part of a broader funding round that could see the Bengaluru-based edtech major raise as much as $1.5 billion.
ETtech Deals Digest: Three more unicorns, Byju’s gets even biggerIndia’s biggest startup got even bigger in the week to Oct. 8, even as the unicorn club added three more members. The ‘Unicorn Class of 202...
PharmEasy’s new backers, Facebook whistleblower revealedPharmEasy is in talks with a clutch of new investors, including two hedge funds, to join its pre-IPO funding round.
Paytm courts Swiss RE, Info Edge cofounder on startup IPOsPaytm has been waiting for more than a year for regulators to approve its acquisition of general insurance firm Raheja QBE. Now, it is on t...