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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
- ETtech Explainer: Inside the alleged $533 million heist at Byju’sOliver Chapman, founder and chief executive of the UK-based OCI, claims that Byju’s Alpha diverted $533 million using his firm to another e...18 Nov, 2025, 06.43 PM IST
- Byju’s content manager, business partner face US court sanctionsLenders owed more than $1.2 billion are fighting to liquidate US education software companies that Byju’s purchased a few years ago for $82...04 Dec, 2024, 09.09 AM 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
- Byju's Aakash Institute appoints Deepak Mehrotra as MD and CEODeepak Mehrotra has been named as the MD and CEO at Aakash Institute. Byju's founder acknowledged his business acumen. Presently, the chair...08 Apr, 2024, 07.31 PM IST
- Hedge fund manager faces arrest over $533 million taken from Byju'sWilliam Cameron Morton faces arrest for concealing $533 million for Byju's. Byju's Alpha filed bankruptcy after $1.2 billion default. Morto...15 Mar, 2024, 11.01 AM IST
- 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.27 Nov, 2023, 05.15 PM IST
- Byju’s lenders win fight over loan default, control of unitLenders have been pushing hard for the repayment of the $1.2 billion loan amid the company’s mounting distress after a pandemic-era boom in...10 Nov, 2023, 08.27 AM IST
- Byju's CFO Ajay Goel quits in seven months, Nitin Golani to take chargeGoel to go back to Vedanta; help with big restructuring at the mining group.24 Oct, 2023, 11.01 PM IST
- Byju’s lenders accused of using bogus loan-default claimsThe distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing problems for Byju...05 Aug, 2023, 09.24 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’s to lay off more staff in fresh cost-cutting driveThe cost correction comes right on the heels of the company skipping a quarterly interest payment of about $40 million earlier this week on...13 Jun, 2023, 01.27 PM IST
- Shipyaari onboards ex-Byju's executive Pallav Jagoori as chief product officerHe brings over 15 years of experience across sectors including IT Services, media, e-commerce, retail, fintech, and edTech alongside a stro...09 Mar, 2023, 04.27 PM IST
- 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...29 Jun, 2022, 05.27 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
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