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WHITEHAT JR RESIGNATION
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 ...- US-based Code.org sues Byju’s subsidiary WhiteHat Jr for contract breachCode.org is an education-related nonprofit organisation that provides K-12 computer science curriculum in school districts in the US. White...
- Byju's files much-delayed FY22 financials, core biz revenue at Rs 3,569 crore, losses at Rs 2,253 croreThe earnings before interest, taxes, depreciation, and amortisation-based loss of the core business was down from Rs 2,406 crore to Rs 2,25...
- 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.
- Byju’s puts Epic, Great Learning on sale to clear $1.2 billion loanByju’s has been working with bankers to sell the two assets to strategic investors and the sources told us it has garnered some interest. S...
- Byju’s forms executive committee for new leadership at Aakash after exit of CEO, CFOByju Raveendran– chief executive officer at Byju’s, Ajay Goel–group chief financial officer of Byju’s, Anup Kumar Agrawal, chief business o...
- WhiteHat Jr CEO Ananya Tripathi leaves in another top-level exit at Byju’sTripathi was one of at least five business vertical heads who reported to Mrinal Mohit, Byju’s India business head. Four of them, including...
- Three business heads quit as Byju’s rejigs verticalsTroubled edtech major Byju's on Tuesday announced that it has undertaken restructuring of businesses and verticals, including consolidation...
- More trouble for Byju’s as three board members, auditor Deloitte resignRepresentatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its aud...
- 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...
- Byju’s to form committee to advise CEO on board, governanceCEO Byju Raveendran told shareholders that Byju’s is much larger than any individual and decisions made will be in the best interest of the...
- Peak XV, Prosus and Chan Zuckerberg confirm exit from Byju’s boardA Byju’s spokesperson had called our report about the resignations entirely speculative and denied the claims.
- Byju's says 500 employees laid off across groupWhen contacted, Whitehat Jr spokesperson said that the decision has been taken to realign business priorities and accelerate results with a...
- Byju's cuts 600 jobs across Toppr and WhiteHat Jr as Indian edtech space shrinksByju's subsidiaries laid off 600 employees as Indian edtech space reels under global macroeconomic headwinds.
- Byju’s defers payments for Aakash deal; Zomato sheds $1B market cap in two daysOnline education provider Byju’s, India’s most valuable startup, is pushing back payments for its nearly $1 billion acquisition of Aakash E...
- Over 800 employees of WhiteHat Jr resign when asked to 'work from office'On March 18, 2022, in a company-wide email, the startup asked remote employees to return to respective office locations within a month's ti...
- Byju's faces litmus test as edtech bubble bursts in IndiaAs India reopens amid 'hybrid normal' and schools and colleges return to normal, edtech platforms see a significant dip in the demand for o...
- NotPetya: the cyberattack that shook the worldWith Ukraine as its primary target, NotPetya quickly spread to more than 60 countries, destroying the computer systems of thousands of mult...
- Return of ET Startup Awards; new CEO for WhiteHat Jr?We announced the winners of ETSA 2021 on September 27, after our jury, led by Infosys cofounder and non-executive chairman Nandan Nilekan, ...
- 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...
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