Losses of the edtech company’s parent, Think & Learn, swell past Rs 8,200 crore in FY22; WhiteHat Jr written off.

His letter on Tuesday afternoon comes following the news that the Enforcement Directorate has found alleged forex violations to the tune of...

The earnings before interest, taxes, depreciation, and amortisation-based loss of the core business was down from Rs 2,406 crore to Rs 2,25...

Founder Byju Raveendran and chief financial officer Ajay Goel, along with other leadership members, briefed about 75 shareholders on Saturd...

The edtech company missed the June 5 deadline to make a quarterly interest payment of $40 million, and said it would not make any further r...

Currently, Raveendran owns about 25% of the edtech startup. Discussions with shareholders and financiers are still in the early stages and ...

Last week, Byju’s closed a financing round of $250 million from existing investors, including Qatar Investment Authority (QIA), which led t...

The payment made on Thursday was for a stake of about 38% owned by Blackstone in the learning center chain that Byju's acquired in April 20...

Taking to LinkedIn, Gokulnath compared Byju’s results with the second biggest blockbuster of the year after the Bollywood movie Brahmastra.

Speaking to ET, Raveendran said the company had recorded "significant growth in revenue compared to financial year 2020 but because of reve...

“Revenues from streaming services (online courses), which was previously recognised fully on commencement of contract, has been adjusted to...

Byju’s, which at $16.5 billion is India’s most valued startup, earned almost three times more from sale of tablets and SD cards than from s...

Byju’s buyout of AESL is among the largest acquisitions by an Indian startup — bigger than Snapdeal’s purchase of Freecharge for $400 milli...

This 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...

The primary capital infusion is largely to fund Byju’s acquisition of Aakash Educational Services which is being pegged at $700-800 million...

The edtech company also claimed it had turned profitable on a full-year basis, without disclosing the exact profit number.

Reportedly, Byju’s has been growing at 100% annually for the last three years, since the launch of its learning app in 2015.