Byju's files much-delayed FY22 financials, core biz revenue at Rs 3,569 crore, losses at Rs 2,253 croreThe earnings before interest, taxes, depreciation, and amortisation-based loss of the core business was down from Rs 2,406 crore to Rs 2,25...
05 Nov, 2023, 12.34 AM IST
Byju's CFO Ajay Goel quits in seven months, Nitin Golani to take chargeGoel to go back to Vedanta; help with big restructuring at the mining group.
24 Oct, 2023, 11.01 PM IST
Byju’s parent expected to adopt FY22 results this weekByju’s, which has missed payment on a $1.2 billion term loan, said it’s completed a long-awaited audit of all group units. Parent Think & L...
16 Oct, 2023, 09.17 PM IST
Byju's to hold board meeting to approve delayed FY22 financialsByju's is at least 12 months behind the statutory due date to file its FY22 financial results with the Registrar of Companies. The delay ha...
30 Sep, 2023, 11.07 PM IST
More trouble for Byju’s as three board members, auditor Deloitte resignRepresentatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its aud...
25 Jul, 2023, 08.07 PM IST
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 ...
29 Jun, 2023, 12.51 PM IST
Amid board trouble, Byju’s promises investors September deadline for FY22 audited resultsFounder Byju Raveendran and chief financial officer Ajay Goel, along with other leadership members, briefed about 75 shareholders on Saturd...
25 Jun, 2023, 11.18 PM IST
Byju's tells investors it will file 2022 earnings by SeptemberByju's leadership, including founder Byju Raveendran and Chief Financial Officer Ajay Goel, briefed about 75 shareholders on Saturday to ad...
25 Jun, 2023, 03.23 PM IST
Byju’s misses $40 million loan payment, sues term loan lender RedwoodIn its suit, edtech major Byju’s sought to “disqualify” lender Redwood, which allegedly has taken on “predatory tactics”, and consistently ...
08 Jun, 2023, 08.56 AM IST
Timeline: Byju's $1.2 billion loan caseThe edtech company missed the June 5 deadline to make a quarterly interest payment of $40 million, and said it would not make any further r...
07 Jun, 2023, 12.49 AM IST
Byju’s to sack up to 2,500 employees in 'rationalisation' bidA host of well-funded startups including Meesho, Cars24, and Unacademy have trimmed workforce to save capital and extend their runways amid...
14 Oct, 2022, 01.50 PM IST
Byju’s clears pending dues of $234-million to Blackstone for Aakash acquisitionThe payment made on Thursday was for a stake of about 38% owned by Blackstone in the learning center chain that Byju's acquired in April 20...
25 Sep, 2022, 08.49 AM IST
Byju’s cofounder Divya Gokulnath claims media reports on FY21 financials were misleadingTaking to LinkedIn, Gokulnath compared Byju’s results with the second biggest blockbuster of the year after the Bollywood movie Brahmastra.
20 Sep, 2022, 04.50 PM IST
Byju’s audit firm Deloitte sought two key changes in FY21 financials“Revenues from streaming services (online courses), which was previously recognised fully on commencement of contract, has been adjusted to...
15 Sep, 2022, 04.28 PM IST
Byju's to make financial results public next weekThe company is likely to raise over USD 500 million (about Rs 3,900 crore) at a valuation of around USD 23 billion in about a week.
06 Sep, 2022, 09.06 PM IST
BYJU's gets clean FY21 audit from Deloitte after 17 months delayPeople privy to the development told IANS that the edtech firm will hold a board meeting in a day or two, before making the audited financi...
29 Aug, 2022, 06.32 PM IST
Byju’s stares at tax issues as Deloitte delays audit nodEdtech firm files returns under special provision; auditor in-principle agrees to sign statements, say executive
15 Aug, 2022, 06.00 AM IST