May 29, 2023 23:47 (IST)
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US reaches debt ceiling deal amid a looming financial crisis | Turkey election: Erdogan declares victory in runoff voting | PM Modi unveils commemorative stamp and Rs 75 coin to mark the inauguration of new Parliament building | 'Rahul Gandhi can get ordinary passport for 3 years and not 10': Delhi court | Abhishek Banerjee's mass outreach programme faces violent protest by Kurmi community in Bengal's Salboni

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.

Bootstrap edtech company uFaber plans business expansion riding on 2020 success

Mumbai/IBNS: Bootstrap edtech startup uFaber recently announced it will be hiring 1000 work from home (WFH) professionals in the next six-months.