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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 ...- SC stays Kerala HC order directing Byju’s RP, EY India chairman, Glas Trust to appearThe Supreme Court has halted contempt proceedings against Byju's resolution professional and EY India chairman. These proceedings were rela...
- Kerala HC directs Byju’s RP, EY India chairman, Glas Trust to appear on FridayThe order was passed on a petition filed by Voizzit Technology, which has claimed rights over Byju’s parent Think & Learn’s foreign assets,...
- Byju’s US assets Epic and Tynker sold for a songComputer science education company CodeHS has acquired Tynker for $2.2 million in cash, a significant drop from the $200 million that Byju’...
- Fire sale at Byju’s; Meesho’s pre-IPO moveTroubled edtech startup Byju’s is selling its US assets at steep losses, mandated by a US bankruptcy court. This and more in today’s ETtech...
- The downfall of India’s hot startup is wiping out US debtholdersByju's, India’s most valuable startup, faced a corporate collapse after borrowing $1.2 billion in the US. Legal issues arose when $533 mill...
- NCLT directs Byju’s to maintain status quo, halts $200 million rights issueThe National Company Law Tribunal (NCLT) has directed edtech major Byju's to maintain status quo in its shareholding, pausing its controver...
- Prosus stake in Byju’s worth zero: HSBCThis comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any i...
- NCLAT dismisses appeal by investors against Byju’sThe National Company Law Appellate Tribunal has rejected an appeal filed by a group of investors of Byju’s seeking intervention in the case...
- Byju’s lenders petition to put subsidiaries in bankruptcy in the USCreditors led by HPS Investment Partners filed involuntary Chapter 11 cases in Delaware against Neuron Fuel Inc., Epic! Creations Inc. and ...
- 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...
- Byju's to make financial results public next weekThe company is likely to raise over USD 500 million (about Rs 3,900 crore) at a valuation of around USD 23 billion in about a week.
- 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...
- Byju’s in talks to acquire listed US edtech firm Chegg valued at $2 billionIn an interview with ETtech Byju Raveendran did not confirm discussions to buy Chegg but said the company was accessing all kinds of capita...
- Byju's raising Rs 2,200 crore in new round at $18 billion valuationThis is part of a broader funding round that could see the Bengaluru-based edtech major raise as much as $1.5 billion.
- Byju’s views its acquisitions as integrations, founder saysIn the past one year, Byju’s has spent at least $2 billion to acquire edtech startups—from Aakash Institute in India to Great Learning in S...
- Eupheus Learning acquires ClassKlap for $19 millionEupheus Learning has been focused on premium schools, and it has a distribution reach of 13,000 schools. ClassKlap has been dominant in the...
- A16z in talks for first India bet; Byju’s buys againAndreessen Horowitz, the storied Silicon Valley venture capital firm, is close to making its first investment in a startup in India—cryptoc...
- Tata Digital's cosmetics play; Byju's acquires TynkerTwo weeks ago we reported that Tata Digital was postponing its SuperApp launch. Now, our sources tell us the company is wrapping up plans t...
- Byju’s buys coding site Tynker to beef up US expansionByju's has now acquired three edtech startups in the US—Epic and Osmo and now Tynker. All three acquisitions map back to its goal of invest...
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