-
June 05, 2023 06:37 PM IST Our specially curated package of the most interesting articles to help you stay at the top of your game.
-
May 30, 2023 05:02 PM IST BlackRock, which holds less than 1 percent, has pegged the value of its 2,279 shares in the company at $4,043,471, effectively estimating Byju's fair value at $8.4 billion as of March 31, 2023.
- May 19, 2023 05:59 PM IST
The statement comes against the backdrop of lender Glas Trust company and investor Timothy R Pohl filing a lawsuit against Byju's US-based entities for certain alleged wrongful acts.
- May 13, 2023 06:49 AM IST
A daily round-up of the most interesting articles to help jump-start the day.
- May 13, 2023 07:47 AM IST
Moneycontrol reported earlier this week that the edtech firm was looking to raise $1 billion in a mix of equity and structured instruments via US-based asset management companies and Middle East-based sovereign funds. Of the $1 billion, about $300 million would be raised through structured instruments, with the rest coming as equity at a flat $22 billion valuation
- May 10, 2023 06:20 AM IST
Around $700 million of the $1 billion funding round will be raised through equity, and one of the three Middle East-based sovereign funds is in advanced talks to lead the round
- May 03, 2023 07:58 AM IST
Unacademy’s hope may lie in offline coaching centres, which go against its original goal of tech-driven disruption, but are a dependable and lucrative business model
- May 02, 2023 11:17 AM IST
Since the ED has not filed any direct allegation against the company, shareholders may not be immediately worried. “But the fact that founder and CEO Byju Raveendran is evasive is worrying. That raises questions. Is he hiding something? This might be concerning them,” said an investor
- May 01, 2023 06:32 AM IST
A daily round-up of the most interesting articles to help jump-start the day.
- May 01, 2023 08:47 AM IST
In the internal memo, Raveendran said that the company had sent some money overseas to fund its international acquisitions.
- April 29, 2023 11:48 AM IST
ED said that the investigation against the platform was initiated on the basis of various complaints received from various private persons. During the investigation conducted by the ED, several summonses were issued to Raveendaran, however, he always remained evasive and never appeared during the investigation
- April 20, 2023 09:08 AM IST
Byju’s has also approached Apollo Global Management, a leading US private equity and alternative asset management group, for a $200-250-million structured financing for Akash Education, sources told ET.
- April 12, 2023 01:50 PM IST
Unacademy's Cohesive AI named rival firm Byju’s as the best edtech startup of India. 'Byju’s has revolutionised the way students learn by providing engaging and interactive video lessons,' the AI editor said.
- April 10, 2023 05:50 PM IST
As a successful woman entrepreneur in the tech industry, Divya Gokulnath is using the trend to push the envelope on what a Barbie can represent.
- April 07, 2023 07:50 AM IST
A round-up of top stories from newspapers to keep you ahead of others.
- April 06, 2023 09:28 AM IST
The end of a frothy cycle has meant a return to rationality. High flying global start-ups have seen valuations pulled down for subsequent funding rounds
- April 04, 2023 03:54 PM IST
The company expects to close fundraising of about USD 250 million soon and finish the entire funding round in about two weeks, another source said.
- April 04, 2023 02:34 PM IST
The fundraise, which includes two separate deals of equity and convertible notes, might be announced in the next two weeks
- April 04, 2023 12:39 PM IST
V3 Ventures is focused on seed to Series A investments across digital and consumer businesses and is led in India by entrepreneur and investor, Arjun Vaidya.
- April 04, 2023 01:38 PM IST
Here are 10 points that cover everything you need to know about Ajay Goel, who is taking over Byju's’ long-vacant CFO position
- April 03, 2023 10:05 PM IST
Byju's previous CFO PV Rao quit in December 2021 and Goel's appointment comes 16 months later, people aware of the matter told Moneycontrol. Goel was the Group Deputy CFO of Anil Agarwal's Vedanta Resources.
- April 06, 2023 02:30 PM IST
Apart from PhonePe, sensitive information about students enrolled with Byju's and Vedantu, users of financial apps such as Paytm, and CRED; and users of Amazon, Netflix, YouTube, Instagram and Zomato were also found to have been allegedly sold by the person arrested by Cyberabad Police
- April 02, 2023 09:55 AM IST
Divya Gokulnath on growing up in a family where sports was integrated into everyone's routine, her approach to wellbeing and the importance of being seen as a woman leader.
- April 02, 2023 06:24 PM IST
Sensitive information on students enrolled with Byju's and Vedantu, users of financial apps such as Paytm, Phonepe and CRED; users of Amazon, Netflix, YouTube, Instagram, Zomato and others were found in the accused's database, which he put up for sale, police said.
- March 29, 2023 10:34 AM IST
Unacademy will make a one-time investment into CodeChef and the company, with effect from April 1, will be an independent company owned and run by the current team.
