April 14, 2024 16:12 (IST)
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Byju's lays off 500 employees

Bengaluru: Cash-strapped ed-tech company Byju's has reportedly implemented layoffs, affecting approximately 500 employees, mainly in sales and marketing roles.

Byju's claims resolutions passed at EGM to remove founder invalid

Bengaluru: Ahead of the results of the voting to remove Byju's founder and CEO Byju Raveendran during an extraordinary general meeting (EGM), the ed-tech company claimed in a statement to the media that the decisions made by shareholders are null and void.

Shareholders pass resolution to oust Byju Raveendran-led management at EGM

Bengaluru: A consortium of prominent investors including Prosus, General Atlantic, and Peak XV on Friday made the decision to remove Chief Executive Officer (CEO) Byju Raveendran from his position at the helm of the edtech company Byju's, media reported.

BCCI files case against Byju's with NCLT

New Delhi: Troubled ed-tech company Byju’s is facing fresh challenges as the Board of Control for Cricket in India (BCCI) has dragged the firm to the National Company Law Tribunal, the adjudicator’s website says.

Trouble edtech startup Byju's reports Rs 2,250 cr loss in its delayed financial results

Bengaluru: Education startup Byju's finally released its financial results on Saturday, after several delays. The results revealed that its parent company, Think & Learn Pvt., reported a slight reduction in losses, despite a surge in business during the pandemic.

Byju's CFO Ajay Goel quits

Mumbai: Ajay Goel, who served as the CFO of troubled edu-startup Byju's, has resigned just half a year after joining the company, media reports said.

Byju's appoints company veteran Arjun Mohan CEO of India ops

Bengaluru: Edtech company Byju's has appointed long-standing company member Arjun Mohan as the CEO of its India operations, succeeding Mrinal Mohit.  

Byju's likely to secure $1 billion in funding amid funding winter: Report

Bengaluru: Ed-tech firm Byju's is preparing to secure a substantial funding round of $1 billion through a combination of equity and structured instruments, Moneycontrol reported.

BYJU's cuts off 1,000 more jobs: Report

Bengaluru: Ed-tech company BYJU’s laid off 1,000 more employees in a fresh round of layoffs, media reports said.

BYJU's said to seek easier payment terms for its $1.2 billion loan: Report

Mumbai: India’s most valuable startup BYJU's is seeking to restructure a $1.2 billion loan amid financial losses and cost-cutting measures, Bloomberg reported.

BYJU’S FY 22 growth intensifies, clocks gross revenues of nearly Rs 10,000 cr

Bengaluru: Ed-tech company BYJU’s has registered nearly Rs 10,000 crore in gross revenues in FY 22 and its K-12 education business is showing accelerated growth. Between April - July 2022, the company logged a revenue of Rs 4530 crore.

Byju's delays payment schedule for Akash deal: Report

Ed-tech company Byju's has sought an extension for the payment to Aakash Educational Services Ltd (AESL), which it had taken over in a cash and stock deal, media reports said.

Exprto raises Rs 5 crores in seed funding from GSF, Angel List USA, Agility Ventures and others

New Delhi: EdTech startup Exprto has raised Rs 5 crores in a seed round led by GSF and Angel List USA.

Edtech startup Physics Wallah enters unicorn club

Bengaluru: Edtech company Physics Wallah is the latest online education venture to enter the unicorn club after it raised $100 million in its first ever funding round led by WestBridge Capital and GSV Ventures, media reports said.

GENLEAP launches DNA-based self-discovery, upskilling and employability platform

New Delhi/IBNS: The Gurugram-based edtech and human resource technology company GENLEAP launched an upskilling and employability platform Thursday.