UpGrad, Unacademy file application with CCI for mergerEdtech firms UpGrad and Unacademy have filed for antitrust clearance with the CCI for their proposed merger. UpGrad will acquire Unacademy ...
08 May, 2026, 12.51 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
Delaware Supreme Court holds Byju's in default of $1.5 billion loanThis means the lenders can demand a full repayment from the troubled edtech firm and take control of Byju's US entity, Byju's Alpha. This i...
24 Sep, 2024, 12.44 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
Working to improve edtech returns: Ervin Tu, interim CEO of Byju’s investor ProsusThe comments come after Ervin Tu said on Wednesday that Prosus had marked down the valuation of embattled edtech Byju’s below $3 billion. I...
30 Nov, 2023, 07.50 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
Byju’s denies hiding $533 million in hedge funds, says money invested in ‘high-grade fixed income assets’Byju’s statement was in response to a Bloomberg report that said the Bengaluru-based firm’s lenders had alleged that the edtech company hid...
14 Sep, 2023, 08.18 AM IST
Shah Rukh Khan may not renew deal with Byju’sEdtech platform Byju’s, which is cutting costs after struggling to raise funds, is unlikely to renew its endorsement deal with actor Shah R...
04 Jul, 2023, 02.32 PM IST
Consortium of Byju’s lenders extends pact to deal with edtech jointly: reportAn earlier pact signed by the lenders’ consortium, which requires them to act in concert in negotiations with the edtech, is set to expire ...
29 Jun, 2023, 12.51 PM IST
Byju’s misses $40 million loan payment, sues term loan lender RedwoodIn its suit, edtech major Byju’s sought to “disqualify” lender Redwood, which allegedly has taken on “predatory tactics”, and consistently ...
08 Jun, 2023, 08.56 AM IST
Timeline: Byju's $1.2 billion loan caseThe 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...
07 Jun, 2023, 12.49 AM IST
Byju’s asks creditors for more time to recast $1.2-billion debt: reportSome of the creditors are seeking a quicker repayment of the debt given to Byju's using cash reserves of about $850 million from its US uni...
11 Jan, 2023, 12.03 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
Government airs concerns over complaints against edtech companiesComplaints against Byju’s and group entities were highlighted during a discussion, as the edtech leader caters to a large student base, peo...
15 Jul, 2022, 03.08 PM IST
Byju's among most active TMT cos across global M&A market in 2021: ReportBengaluru-based Byju’s (Think and Learn) has emerged as the most active media & telecom (TMT) company across the global merger and acquisit...
28 Mar, 2022, 05.00 PM IST
Future of edtech is online-plus-offline, says Sequoia India MDUnacademy earlier this month launched experience stores – which focus on new users looking to take up courses with the ed-tech platform - a...
25 Mar, 2022, 05.31 PM IST