Last year, the ministry ordered the inspection of the books of Byju's in the wake of various developments at the edtech company, including ...

Troubled edtech reduces notice period to 15-30 days across staff level to cut costs

These investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they...

In 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...

Peak XV told LPs that GV Ravishankar’s resignation from Byju’s board on June 6 was due to the fund’s dissatisfaction with the company’s man...

A lot is happening at Byju’s. Prosus, one of the company’s major investors, has cited poor corporate governance as the reason for the exit ...

Representatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its aud...

Investment firm pledges to work with other shareholders and government authorities to safeguard the long-term interests of Byju’s and its s...

In May, SoftBank had sold a 2.07% stake in Paytm through open market transactions that began in February. Prior to the latest transaction, ...

At a townhall, Byju Raveendran says talks with term-loan lenders have taken ‘constructive turn’, Deloitte and directors left on good terms;...

Byju's has undertaken multiple rounds of layoffs amid uncertainty around the company's cash position and overall slowdown in its business p...

A Byju’s spokesperson had called our report about the resignations entirely speculative and denied the claims.

“Are you really surprised?" an edtech founder said, implying that industry executives have seen this blow-up coming for a while. “This will...

"A decision to this effect (on inspection) has been taken. The government treats corporate governance as a serious issue. So, if there is a...

Auditor says delay in submitting accounts would have "significant impact" on their ability to plan, design, perform and complete the audit.

It just doesn’t seem to end for Byju’s. As if loan defaults, losses, layoffs and other setbacks weren’t enough, three key board members of ...

Raises $540 million at likely valuation of $3.6 billion; 38% stake of three founders now worth $1.29 billion.