Tag:
BYJU’S
Tech
BlackRock Reduces Valuation of Byju’s to $1 bn, Significantly Down from 2022 High
Global asset manager BlackRock has once again devalued its holdings in the Indian online education technology startup Byju’s. The implied valuation has been slashed...
Tech
Byju’s Valuation Plummets to Under $3 bn Amid Governance and Financial Woes
Prosus, a tech investor, revealed on Wednesday a stark devaluation of Indian online education giant Byju’s, slashing its valuation to under $3 billion, marking...
Digital
Byju’s Plans Major Restructuring, Plans to Cut 5,500 Jobs to Reduce Costs
Indian education technology firm Byju’s has revealed plans to implement significant restructuring measures, including a workforce reduction of approximately 5,500 jobs, aimed at curbing...
Digital
Prosus slashes valuation of troubled edtech startup Byju’s to $5.1 bn
Dutch-listed technology investor Prosus NV has slashed the valuation of troubled Indian edtech startup Byju’s to $5.1 billion according to its annual report, a...
Digital
Byju’s aims to raise $1 bn to avoid investor revolt
Indian edtech startup Byju’s is currently engaged in advanced discussions with potential new investors to secure $1 billion in funding, Bloomberg News report said.
This...
Digital
Byju’s confirms all three global investors exited from board
Byju’s, the once high-flying Indian startup, has experienced significant changes in its board composition as all three global investors confirmed the resignations of their...
Digital
Byju’s brought more FDI to India than other startups: Byju Raveendran to employees
Byju Raveendran, Founder and CEO of education technology major BYJU’s, has written a letter to his employees, in the wake of raid by the...
Digital
ED raids offices of Byju’s for possible financial fraud
The Directorate of Enforcement (ED) has confirmed that it searched the premises of Think & Learn Private Limited, which runs the online education portal...