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BYJUS ACQUISITION
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- 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...
- Face-off likely at EGM over plan to oust Byju’s CEOInvestors demand ouster of Byju Raveendran and family, accuse management of non-compliance, misinformation, and withholding information. Th...
- 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...
- 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
- Byju's pushes back payments for billion-dollar Aakash deal“WhiteHat Jr is focused on providing quality education to young students while continuing to build a strong business. To realign with our b...
- Byju's said to offer more than $1 billion for 2U to expand in USByju’s made the offer of about $15 a share to 2U’s board last week. The offer represents a 61% premium to 2U’s closing price of $9.30 on th...
- 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...
- Byju’s-owned Great Learning acquires Northwest Executive Learning in $100 million dealFounded in 2015, Northwest Executive Education offers programmes in management, leadership, technology, healthcare, innovation and other in...
- Byju's among most active TMT cos across global M&A market in 2021: ReportBengaluru-based Byju’s (Think and Learn) has emerged as the most active media & telecom (TMT) company across the global merger and acquisit...
- Byju’s looks to invest $200 million to grow its offline playThe company conceptualised its offline foray last year after the acquisition of tutorial chain Aakash Education Services for an estimated c...
- 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 views its acquisitions as integrations, founder saysIn the past one year, Byju’s has spent at least $2 billion to acquire edtech startups—from Aakash Institute in India to Great Learning in S...
- Byju’s buys coding site Tynker to beef up US expansionByju's has now acquired three edtech startups in the US—Epic and Osmo and now Tynker. All three acquisitions map back to its goal of invest...
- 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 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 acquires Aakash Educational Services in nearly $1-billion dealByju’s buyout of AESL is among the largest acquisitions by an Indian startup — bigger than Snapdeal’s purchase of Freecharge for $400 milli...
- 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 buys US learning platform Osmo for $120 millionWith its fifth & largest acquisition, Byju’s said it wants to tap Osmo’s physical-to-digital technology and content to expand its current o...
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