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ED slaps $1.1 bn notice to Byju's for forex law violations; firm denies

TMT

21 November, 2023

ED slaps $1.1 bn notice to Byju's for forex law violations; firm denies

India's federal financial crime-fighting agency has issued a show-cause notice to ed-tech company Byju's for alleged violations of foreign exchange ......

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How Byju's stacked up against Unacademy and other edtech unicorns in FY22

TMT

06 November, 2023

How Byju's stacked up against Unacademy and other edtech unicorns in FY22

Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......

Byju's CFO Ajay Goel resigns, to return as Vedanta finance chief

Manufacturing

24 October, 2023

Byju's CFO Ajay Goel resigns, to return as Vedanta finance chief

India's Vedanta on Tuesday said Chief Financial Officer (CFO) Sonal Shrivastava has resigned amid a major structural overhaul announced last ......

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Grapevine: Byju's, Hinduja Group in M&A news; General Atlantic sole bidder for hospital chain

General

20 October, 2023

Grapevine: Byju's, Hinduja Group in M&A news; General Atlantic sole bidder for hospital chain

Byju’s founder and chief executive officer Byju Raveendran and advisers are in talks with global private equity players for the ......

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Grapevine: Ranjan Pai likely to invest in Byju's arm; AIMCO in fray for AB Group's green business

General

12 October, 2023

Grapevine: Ranjan Pai likely to invest in Byju's arm; AIMCO in fray for AB Group's green business

Ranjan Pai, chairman of Manipal Education and Medical Group, is looking to invest in a subsidiary of edtech unicorn Byju’s, ......

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Great Learning founders look to buy firm back from Byju's

Finance

05 October, 2023

Great Learning founders look to buy firm back from Byju's

The founders of Great Learning are trying to line up investors to buy back the online education provider from Byju’s, ......

Byju's to fire 4,000 employees in latest round of layoffs

TMT

27 September, 2023

Byju's to fire 4,000 employees in latest round of layoffs

Byju’s, India’s largest edtech startup, plans to fire as many as 4,000 employees in the latest round of layoffs, according ......

Arjun Mohan takes over as Byju's India CEO

People

20 September, 2023

Arjun Mohan takes over as Byju's India CEO

Arjun Mohan, who quit as the chief executive officer of upskilling platform upGrad in January this year after a nearly ......

Byju's rejects creditors' allegations, says invested $500 mn in debt instruments

TMT

14 September, 2023

Byju's rejects creditors' allegations, says invested $500 mn in debt instruments

Byju’s on Wednesday disclosed that it invested more than $500 million in debt instruments, responding to investor concerns after American ......

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Byju's, lenders defer court battle to seek out-of-court agreement

TMT

01 September, 2023

Byju's, lenders defer court battle to seek out-of-court agreement

Edtech company Byju’s and its term loan B lenders have decided to postpone an ongoing disagreement in the US courts ......