Sep 23, 2021 02:49 PM IST
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
- Sep 16, 2021 04:19 PM IST
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.
- Sep 09, 2021 10:25 AM IST
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.
- Sep 07, 2021 08:13 PM IST
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.
- Sep 06, 2021 07:38 PM IST
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).
- Sep 05, 2021 02:02 PM IST
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
- Aug 25, 2021 08:26 AM IST
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.
- Aug 23, 2021 07:50 AM IST
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.
- Aug 08, 2021 11:12 AM IST
"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.
- Aug 07, 2021 02:28 PM IST
Vedantu plans to utilise the funds raised to focus on deepening the offerings for K-12.
- Aug 06, 2021 03:39 PM IST
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.
- Aug 04, 2021 12:35 PM IST
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".
- Aug 04, 2021 12:03 PM IST
Karan Bajaj leaves WhiteHat Jr a year after the controversial company was acquired by Byju's in a landmark $350 million all-cash deal.
- Jul 25, 2021 11:05 PM IST
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.
- Jun 30, 2021 08:18 PM IST
Before it was secured, the sever was left unprotected and vulnerable since June 14
- Jun 25, 2021 06:13 PM IST
India is now an emerging unicorn hotspot with 16 startups entering the league this year.
- Jun 24, 2021 07:11 PM IST
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.
- Jun 16, 2021 03:15 PM IST
“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.
- Jun 12, 2021 08:15 PM IST
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.
- Jun 07, 2021 05:09 PM IST
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.
- May 24, 2021 03:45 PM IST
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.
- May 06, 2021 09:02 PM IST
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.
- Apr 30, 2021 06:48 PM IST
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.
- Apr 29, 2021 03:00 PM IST
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
- Apr 29, 2021 02:52 PM IST
Conversations with both the companies have reached the post-term sheet stage and the deals could be closed by May, Entrackr has said.