Byju’s founder Raveendran sentenced to six months in jail for contempt of courtByju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....
27 May, 2026, 10.48 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
Byju’s crisis timeline: From edtech giant to fighting legal battlesByju’s, the once celebrated edtech giant, has found itself embroiled in a prolonged legal and financial crisis. Delayed audits, funding sho...
25 Oct, 2025, 07.34 PM IST
Byju’s faces new probe over financial, accounting practicesIndian authorities have launched an investigation into Byju's financial practices, including potential misreporting and fund diversion. Thi...
26 Nov, 2024, 02.33 PM IST
ETtech Explainer: What's next for Byju's after SC stays settlement deal with BCCIByju's founder Byju Raveendran is dealing with several legal disputes, including a Rs 158 crore payment issue with the Indian cricket board...
22 Aug, 2024, 06.51 PM IST
Byju Raveendran vows to pay staff salaries once he regains control over accountsAccording to the founder of the troubled edtech firm, loss of control over the company’s accounts following SC staying NCLAT’s decision has...
20 Aug, 2024, 08.58 PM IST
Byju's founder Byju Raveendran faces reckoning as startup implodesPotential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passi...
22 Jul, 2024, 07.57 AM IST
Investor group accuses Byju’s of violating NCLT orderA group of Byju’s investors led by Dutch investor Prosus is seeking to block a $200 million rights issue and the removal of founder Byju Ra...
23 Apr, 2024, 06.41 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
Byju’s investors vote to oust CEO RaveendranInvestors in Byju's led by Prosus filed a petition at NCLT alleging oppression and mismanagement by the present management of Byju’s. They ...
24 Feb, 2024, 09.22 AM IST
Byju’s asset sale hangs fire amid investor flare-upsUnlike Epic — which is also on the block — the sale of Great Learning is being overseen directly by its founder Mohan Lakhamraju, along wit...
11 Feb, 2024, 09.26 AM IST
Paytm-Byju’s crisis: Alphas, cowboys and the strong, silent typesTwo of the biggest names in the Indian startup world, Paytm's Vijay Shekhar Sharma and Byju's founder Byju Raveendran, face an existential ...
05 Feb, 2024, 10.08 AM IST
Former SBI chairman Rajnish Kumar, ex-Infosys CFO Mohandas Pai join Byju’s advisory councilThese appointments come after Byju’s three key investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–resigned from the board le...
13 Jul, 2023, 11.05 PM IST
Former UpGrad CEO Arjun Mohan returns to Byju’sBefore his UpGrad stint, Arjun Mohan had spent a little over 11 years at K-12 edtech major Byju’s, where his last designation was chief bus...
13 Jul, 2023, 02.39 PM IST
Byju Raveendran raising funds to buy back up to 15% in edtech firm: reportCurrently, Raveendran owns about 25% of the edtech startup. Discussions with shareholders and financiers are still in the early stages and ...
04 Jan, 2023, 06.22 PM IST
Byju's raises $460 million in funding, valuation soars to over $13 billionThis is the first investment in Byju’s this year, after the company raised over $1 billion in 2020, fueled by the pandemic which caused a m...
29 Mar, 2021, 06.00 PM IST