The news comes at a time when Byjus is looking to work around the repayment of a $1.2 billion term loan that it secured in
Byjus valaution has been reduced to half, while Swiggy’s is reduced by almost a quarter. Some U.S.-based investment firms have reportedly slashed the valuation of
We are just in the second month of 2024 and it seems like the year is not faring well for once-celebrated Indian startups, Byju’s and
The US division of Indian Edtech giant Byju’s files for Chapter 11 bankruptcy after defaulting on debt of $1.2 billion. It has now been declared a shell company
Troubled Indian EdTech startup Byju’s is reportedly planning to merge several of its business verticals and reduce its workforce by a third, impacting about 4,000
Bengaluru, India — Three leading executives step down as BYJU’S undergoes a major restructuring amidst various corporate setbacks.
Earlier this year, Byju’s minor investor BlackRock also reduced the valuation of a troubled Indian edtech startup to $8.4 billion. Dutch multinational investor Prosus NV has
Indian ed-tech giant Byju’s, known for its popular online and offline tutorials, has informed investors that it will submit audited earnings for 2022 by September
Byju’s has cut over 3,000 jobs in the past year.
The lawsuit was filed by Glas Trust Company against Byju’s Alpha, its director Riju Ravindran, and Tangible Play Inc., both of which are subsidiaries of Think and Learn Private, the edtech empire founded by Byju Raveendran.
The news comes at a time when Byjus is looking to work around the repayment of a $1.2 billion term loan that it secured
Byjus valaution has been reduced to half, while Swiggy’s is reduced by almost a quarter. Some U.S.-based investment firms have reportedly slashed the valuation
We are just in the second month of 2024 and it seems like the year is not faring well for once-celebrated Indian startups, Byju’s
The US division of Indian Edtech giant Byju’s files for Chapter 11 bankruptcy after defaulting on debt of $1.2 billion. It has now been declared a shell company
Troubled Indian EdTech startup Byju’s is reportedly planning to merge several of its business verticals and reduce its workforce by a third, impacting about
Bengaluru, India — Three leading executives step down as BYJU’S undergoes a major restructuring amidst various corporate setbacks.
Earlier this year, Byju’s minor investor BlackRock also reduced the valuation of a troubled Indian edtech startup to $8.4 billion. Dutch multinational investor Prosus NV
Indian ed-tech giant Byju’s, known for its popular online and offline tutorials, has informed investors that it will submit audited earnings for 2022 by
Byju’s has cut over 3,000 jobs in the past year.
The lawsuit was filed by Glas Trust Company against Byju’s Alpha, its director Riju Ravindran, and Tangible Play Inc., both of which are subsidiaries of Think and Learn Private, the edtech empire founded by Byju Raveendran.
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@2022 Unboxed Magazine. All rights reserved. Use of this site constitutes acceptance of our user agreement and privacy policy and cookie statement and your California privacy rights.
