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BYJUS LEADERSHIP
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 ...- 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...
- 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...
- 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 ...
- About 13,500 employees from Byju’s, Paytm get on job-hunting missionThe job market currently has over 6,500 active and accessible professionals from Paytm and another 7,000 from Byju’s, showed data from popu...
- Byju’s credits January salaries; CEO says moving mountainsOn Friday, Byju's said an “artificially induced crisis” by a select group of investors for a delay in paying the January salaries. Raveendr...
- Byju's at war — with investors, bankruptcyByju's, in a letter, said the investors have “no voting rights to change (its) chief executive”. Byju’s top management said certain investo...
- Cash crisis induced by select investors, got 100% rights issue commitment: Byju's tells staffSuccess of rights issue will ensure sufficient operational capital to fund short-term needs from March, management says in note to employee...
- Read the full text of Byju's leadership's note to employees on salary delay, rights issueByju's top management informs employees about receiving commitments for over 100% of proposed amount for rights issue. They accuse certain ...
- Byju’s shareholder group calls for EGM, to vote for ouster of Byju Raveendran, boardWhile investors of Byju's have been asking Raveendran to step aside from an operating role, this is the first instance of shareholders band...
- Byju’s elevates Jiny Thattil to CTO replacing Anil GoelJiny Thattil, had been serving as a senior vice president of engineering of Epic, an acquired business of the Bengaluru-headquartered major.
- 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...
- Byju’s forms executive committee for new leadership at Aakash after exit of CEO, CFOByju Raveendran– chief executive officer at Byju’s, Ajay Goel–group chief financial officer of Byju’s, Anup Kumar Agrawal, chief business o...
- 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...
- ETtech Recap: Five must-read stories on Byju's crisis this weekETtech brings you up to speed with all the latest developments surrounding Byju's.
- Byju's shareholder Prosus cites poor corporate governance for board exitInvestment firm pledges to work with other shareholders and government authorities to safeguard the long-term interests of Byju’s and its s...
- 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...
- ‘Not all rags-to-riches stories are legitimate wins’: Hansal Mehta shares harrowing account of how he was nearly scammed by Byju’s employeesTaking to Twitter, director Hansal Mehta referred to the time he was mocked and brutally trolled for calling out the startup for its unethi...
- Byju’s reverses decision to close product development centre in ThiruvananthapuramCompany reiterates its commitment to Kerala, says it will pursue a growth strategy in the state
- 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...
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