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
Prosus stake in Byju’s worth zero: HSBCThis comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any i...
08 Jun, 2024, 12.16 PM IST
Swiggy, Meesho investor Prosus and parent Naspers name Fabricio Bloisi as CEOFabricio Bloisi appointed chief executive of Prosus and Naspers, succeeding Bob van Dijk. Bloisi, current CEO of iFood, a food delivery bus...
17 May, 2024, 01.51 PM IST
Byju’s unveils key changes in sales pay structures, product pricingByju's reduced course fees by 30-40%, raised incentives by 50-100%, shifted to a pull-based sales model, and lowered annual subscription co...
09 May, 2024, 11.19 PM IST
Exclusive: Byju’s India CEO Arjun Mohan resigns, founder Raveendran to comeback at helm of daily opsByju Raveendran's return to the top of daily affairs after nearly four years is of significance as as a group of Byju’s investors voted in ...
15 Apr, 2024, 05.15 PM IST
Unable to process salaries because of investor dispute: Byju Raveendran to staffIn an internal memo, he blamed a select few investors, and added that the amount raised through the rights issue is locked in a separate ac...
02 Mar, 2024, 06.52 PM IST
NCLT reserves orders on Byju’s rights issue; gives three days to file written submissionsFour key Byju’s investors, led by Dutch investment firm Prosus, told the NCLT that the company was allowed to issue capital of Rs 6 crore t...
27 Feb, 2024, 09.36 PM IST
ED finds Rs 9,000 crore forex violations by Byju’s, company denies findings; Tesla's India ride soonIndia's federal financial probe agency Enforcement Directorate (ED) has found that troubled edtech firm Byju's has allegedly violated provi...
21 Nov, 2023, 07.56 PM IST
Five key developments at tottering edtech Byju’sThe troubled edtech is mired in multiple issues, such as repayment of a $1.2 billion term loan, and is the subject of a government probe.
16 Oct, 2023, 11.55 AM IST
Chaudhry may return as Aakash CEO, nears stock-swap deal with Byju’sChaudhry served as the CEO till November 2020 as part of the founding family that ran Aakash Institute independently.
16 Oct, 2023, 10.42 AM IST
Byju’s appoints Arjun Mohan as India CEO; incumbent Mrinal Mohit on way outInternally, the decision was announced on Wednesday. Mohit is leaving after spending nearly 10 years at Byju's. He was a close lieutenant o...
20 Sep, 2023, 05.38 PM IST
Byju's senior executive exits, to lead US firm Impending IncAt Impending Inc, Thomas will focus on building and scaling the product portfolio, while strengthening and growing a global talent pool.
21 Aug, 2023, 04.42 PM IST
KKR’s Ananya Tripathi may join Byju’s Whitehat Jr as CEOTripathi’s potential entry at Whitehat Jr comes at a time when the coding platform for kids has faced severe criticism for its business pra...
04 Mar, 2022, 06.00 AM IST
ICC signs Byju’s as global partner for 3 yearsIn addition to the integrated brand presence, Byju’s will work closely with the ICC to deepen engagement with fans through the creation of ...
08 Feb, 2021, 07.20 PM IST
Byju’s raises $500 million in round led by Silver Lake, valuation almost $11 billionSince the lockdown, Byju’s has seen over 20 million new students start learning from its platform for free. Today, the app has over 64 mill...
08 Sep, 2020, 12.16 PM IST
Qatar Investment Authority leads $150 million investment round in BYJU’SThis new round will support BYJU’S’ aggressive plans of international market expansion and the creation of world-class learning products fo...
10 Jul, 2019, 07.41 PM IST