Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
13 May, 2026, 10.10 AM IST
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
Explainer: How Byju's went from startup star to facing insolvencyByju’s faces insolvency following a $19 million dispute with the Indian cricket board. Shareholders allege mismanagement. Prosus wrote off ...
17 Jul, 2024, 09.37 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
Byju Raveendran among big names exiting 2023 Hurun India Rich ListRaveendran's exit was attributed to markdowns by the company's investors. A few days earlier, there were reports in the media that that onl...
10 Oct, 2023, 04.47 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
Byju’s promoters have sold shares worth $408.53 million since 2015: PrivateCircle“Byju's promoters have put the entire secondary sale proceeds back into the business to scale it up further over the years,” a spokesperson...
04 Jul, 2023, 08.30 PM IST
Explainer: Byju's battles auditor criticism, board exitsIn a major setback for a company often described as one of India's most successful startups, its auditor, Deloitte, has quit, throwing a sp...
23 Jun, 2023, 02.56 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 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.
09 Oct, 2021, 11.26 AM IST
Byju's raises another $50 million led by IIFLIIFL led the round with a $35 million investment, while Maitri Edtech put in $15 million
21 Jun, 2021, 07.56 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