inc42

BYJU’S RP Sues Former Directors Over Alleged Transfer Of Company Assets

BYJU’S current resolution representative Shailendra Ajmera has filed a lawsuit against Byju Raveendran, Riju Ravindran and Divya Gokulnath The RP has demanded compensation for the fraudulent transfers ...
Reuters

Byju's auditor BDO resigns after start of bankruptcy proceedings, company says

Sept 7 (Reuters) - Indian education technology company Byju's' auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju ...
TechCrunch

Byju’s, once valued at $22 billion, faces insolvency proceedings

An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. The ruling effectively ...
CNBC

India’s Byju’s lost more than $20 billion in valuation — what went wrong with the startup darling?

Edtech giant Byju's was once India's most valuable startup, hitting a valuation of $22 billion in 2022. The Indian company has since seen a sharp reversal in its fortunes, following a series of ...
inc42

BYJU’S Continues To Bleed, Posts INR 2,253 Cr EBITDA Loss In FY22

Excluding all acquisitions, Think and Learn Private Ltd reported an EBITDA loss of INR 2,253 Cr in FY22 as against an EBITDA loss of INR 2,406 Cr in FY21. Total income stood at INR 3,569 Cr as against ...
Bloomberg L.P.

Byju’s Hid $533 Million in Hedge Fund Once Run From Miami IHOP, Lenders Allege

One of India’s hottest tech companies, Byju’s, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami ...
Reuters

Indian edtech startup Byju's top acquisitions, investors

BENGALURU, June 23 (Reuters) - Byju's troubles have mounted as its auditor Deloitte and three board members cut ties with the Indian education technology startup that was once an investor darling ...
CNBC

Byju's plans to end sponsorship of Indian cricket team jersey, as it puts profitability on cards for 2024

Indian education technology start-up Byju's will not renew its jersey sponsorship deal with India's cricket team, the company's co-founder Divya Gokulnath, told CNBC. Gokulnath said Byju's is ...
Bloomberg L.P.

Byju’s Founder in $800 Million Funding Round With BlackRock

Byju Raveendran is investing $400 million in his namesake and India’s most valuable startup, Byju’s, leading an $800 million funding round alongside investors BlackRock Inc., Sumeru Ventures and ...
Forbes

Byju’s Founder Is On A Buying Spree To Keep His EdTech Company Best In Class

This story is part of Forbes' coverage of India’s Richest 2021. See the full list here. Edtech entrepreneur Byju Raveendran is on a buying spree. Since January he’s plunked down $2.4 billion to expand ...
PopSugar

Why STEM Education Should Be a Key Part of Your Child's Summer Break

When that last class wraps up before summer break, it's tempting to let kids forget all about school for a few months. The end of school doesn't have to mean the end of learning, though — in fact, the ...
The New York Times

‘Shape’ Makes Geometry Entertaining. Really, It Does.

When you purchase an independently reviewed book through our site, we earn an affiliate commission. “Girls can’t do Euclid: can they, sir?” “The Mill on the Floss” contains one of George Eliot’s ...