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  • India Internet Day 2021: Decoding Byju’s acquisition strategy and why edtech may be an underinvested sector Sep 23, 2021 02:49 PM IST

    India Internet Day 2021: Decoding Byju’s acquisition strategy and why edtech may be an underinvested sector

    At India Internet Day, Byju Raveendran and the founders of Great Learning and Osmo, which Byju’s acquired, talk about their acquisition strategies, lessons and tips

  • Byju's buys US-based coding platform Tynker, its 9th acquisition this year Sep 16, 2021 04:19 PM IST

    Byju's buys US-based coding platform Tynker, its 9th acquisition this year

    Byju's has spent over $2 billion to buy nine companies this year. It is also reportedly in talks with investors to raise $1.5 billion, at a valuation of over $21 billion, after which it could look at a listing in the US.

  • Byju’s to raise $400-$600 million through IPO in 2022: Report Sep 09, 2021 10:25 AM IST

    Byju’s to raise $400-$600 million through IPO in 2022: Report

    Byju's bankers have also suggested other fundraising alternatives including an IPO in the US or a merger with a Special Purpose Acquisition Company (SPAC), although the options are less likely than the IPO in India.

  • Byju's acquires online test preparation platform Gradeup, to rebrand it as Byju’s Exam Prep Sep 07, 2021 08:13 PM IST

    Byju's acquires online test preparation platform Gradeup, to rebrand it as Byju’s Exam Prep

    The ed-tech company said that Gradeup will be rebranded as Byju's Exam Prep and will help it grow its presence in the online competitive examination preparation category.

  • Byju's FY20 profit grows over two-folds to Rs 50.76 crore Sep 06, 2021 07:38 PM IST

    Byju's FY20 profit grows over two-folds to Rs 50.76 crore

    Byju's standalone income from operations of Rs 2,110 crore came from three major businesses - tuition fee (Rs 144 crore), sale of education tablets and SD cards (Rs 1,675 crore) and sale of reference books (Rs 560 crore).

  • Byju's losses widen, revenue jumps 82% Sep 05, 2021 02:02 PM IST

    Byju's losses widen, revenue jumps 82%

    Moneycontrol last week reported that Byju's is in talks to raise $500 million in a debt round through Term Loan B route from global investors

  • Exclusive: Byju's in talks to raise $500 million via Term Loan B Aug 25, 2021 08:26 AM IST

    Exclusive: Byju's in talks to raise $500 million via Term Loan B

    Term Loan B or TLB refers to a tranche of senior secured syndicated credit facility from global institutional investors. Conventionally, TLB proceeds are used either to refinance the existing debts by a company or to make overseas acquisitions with an aim to enhance their offerings.

  • Vedantu to turn unicorn with $100m funding Aug 23, 2021 07:50 AM IST

    Vedantu to turn unicorn with $100m funding

    An Asian private equity fund is expected to invest $40 million. The deal will make Vedantu India’s fifth online education unicorn. It last raised $100 million, led by Coatue Management in July 2020, valuing it at $600 million.

  • Tokyo Olympics 2020 | BYJU'S announces Rs 2 crore for Neeraj Chopra, Rs 1 crore each for other medallists Aug 08, 2021 11:12 AM IST

    Tokyo Olympics 2020 | BYJU'S announces Rs 2 crore for Neeraj Chopra, Rs 1 crore each for other medallists

    "Making further strides into encouraging players across sports disciplines, the company has announced Rs 2 crores for Neeraj Chopra and Rs 1 crore each for Mirabai Chanu, Ravi Kumar Dahiya, Lovlina Borgohain, PV Sindhu and Bajrang Punia," a release said.

  • Vendantu in the midst of fundraise, to announce quantum this month Aug 07, 2021 02:28 PM IST

    Vendantu in the midst of fundraise, to announce quantum this month

    Vedantu plans to utilise the funds raised to focus on deepening the offerings for K-12.

  • It’s way too precious to be sold or given away, says Vedantu CEO over reports of BYJU's acquiring company Aug 06, 2021 03:39 PM IST

    It’s way too precious to be sold or given away, says Vedantu CEO over reports of BYJU's acquiring company

    Vedantu said it has 27 million monthly visitors on its website and 68 million monthly views on YouTube. Many of these customers use Vedantu’s products for free but the scale indicates its growing popularity.

  • Karan Bajaj exits White Hat Jr: Read the full text of Byju Raveendran's letter announcing the departure Aug 04, 2021 12:35 PM IST

    Karan Bajaj exits White Hat Jr: Read the full text of Byju Raveendran's letter announcing the departure

    Byju Raveendran acknowledged Karan Bajaj's leadership of White Hat Jr and BYJU's Future School and called him a "force of nature ... making unconventional choices".

  • Karan Bajaj leaves WhiteHat Jr a year after Byju's acquisition, Trupti Mukker to take over Aug 04, 2021 12:03 PM IST

    Karan Bajaj leaves WhiteHat Jr a year after Byju's acquisition, Trupti Mukker to take over

    Karan Bajaj leaves WhiteHat Jr a year after the controversial company was acquired by Byju's in a landmark $350 million all-cash deal.

  • BYJU's acquires learning app Toppr and upskilling platform Great Learning Jul 25, 2021 11:05 PM IST

    BYJU's acquires learning app Toppr and upskilling platform Great Learning

    India’s most valuable startup is expected to spend $600 million to acquire Great Learning and another $150 million for the acquisition of Toppr, says media reports.

  • A server leak put student data from Byju's at risk, says report Jun 30, 2021 08:18 PM IST

    A server leak put student data from Byju's at risk, says report

    Before it was secured, the sever was left unprotected and vulnerable since June 14

  • In charts: India’s 50+ unicorn league Jun 25, 2021 06:13 PM IST

    In charts: India’s 50+ unicorn league

    India is now an emerging unicorn hotspot with 16 startups entering the league this year.

  • Trifecta Capital to close $100 million in first tranche of equity fund in July Jun 24, 2021 07:11 PM IST

    Trifecta Capital to close $100 million in first tranche of equity fund in July

    Trifecta pioneered venture debt in India with the launch of its first Rs 500 crore debt fund. It recently made the final close of its Rs 1,000 crore second fund.

  • Abu Dhabi's ADQ invests in Indian learning startup Byju's Jun 16, 2021 03:15 PM IST

    Abu Dhabi's ADQ invests in Indian learning startup Byju's

    “We met Byju in 2020 and were floored by his story. Honored to now be a part of it!,” said Mayank Singhal, head of venture capital and technology at ADQ said in a Linkedin post.

  • Byju's becomes India's most valued startup at $16.5 billion with UBS, Blackstone funding Jun 12, 2021 08:15 PM IST

    Byju's becomes India's most valued startup at $16.5 billion with UBS, Blackstone funding

    Byju's has raised $350 million from UBS, private equity giant Blackstone, Abu Dhabi state fund ADQ, Phoenix Rising and video conference firm Zoom's founder Eric Yuan, regulatory filings said.

  • BYJU's receives $1 million in funding from Breakthrough Global Foundation, Saurabh Gupta to support COVID-19 initiatives Jun 07, 2021 05:09 PM IST

    BYJU's receives $1 million in funding from Breakthrough Global Foundation, Saurabh Gupta to support COVID-19 initiatives

    BYJU's mentioned that it will utilise the Foundation’s funds under its social impact initiative ‘Education for All’ to support children who have lost their families due to Covid-19.

  • Bitcoin Mania: Byju's now offers coding curriculum for children interested in cryptocurrencies May 24, 2021 03:45 PM IST

    Bitcoin Mania: Byju's now offers coding curriculum for children interested in cryptocurrencies

    A Byju's advertorial on social media says that through the course, children between the ages of 6-18 will be able to learn about the code used behind cryptocurrencies like Bitcoin.

  • Aakash Educational founder, fresh off Byju’s deal, buys Delhi bungalow for around Rs 100 crore May 06, 2021 09:02 PM IST

    Aakash Educational founder, fresh off Byju’s deal, buys Delhi bungalow for around Rs 100 crore

    There are only 25-odd plots of this large size in Vasant Vihar area, others are either 1,200 sq yard, 1,000, 600 or 400 sq yards.

  • Byju’s to enter league of giants with estimated valuation reaching new high; check out the list here Apr 30, 2021 06:48 PM IST

    Byju’s to enter league of giants with estimated valuation reaching new high; check out the list here

    With Byju’s valuation estimated to rise to $16.5 billion, we look at where the ed-tech platform could stand compared to India’s industrial bigwigs having market cap similar to its valuation.

  • Byju's to become India's most valuable startup post $150 million funding from UBS: Report Apr 29, 2021 03:00 PM IST

    Byju's to become India's most valuable startup post $150 million funding from UBS: Report

    Byju's is in talks with an entity of UBS Asset Management for additional investment, which could take the company's total investment in the startup to $300 million, Bloomberg reported

  • Byju’s in talks to acquire Great Learning, Gradeup for $400 million: Report Apr 29, 2021 02:52 PM IST

    Byju’s in talks to acquire Great Learning, Gradeup for $400 million: Report

    Conversations with both the companies have reached the post-term sheet stage and the deals could be closed by May, Entrackr has said.

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