Tag: byju

israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

byju’s auditors resign: Byju’s auditor Deloitte Haskins resigns citing delay in FY22 financial statement, edtech names replacement

Deloitte Haskins, the statutory auditors of edtech giant Byju’s, tendered their resignation on Thursday with immediate effect citing a long delay by the latter in…

Continue Reading
Inside Image (1).
Posted in Startups

byju’s board members resign: More trouble for Byju’s as key board members resign: sources

In an unexpected development that likely underscores deeper troubles at edtech major Byju’s, early backer GV Ravishankar, managing director at Peak XV Partners (formerly Sequoia…

Continue Reading
Representational Image(File/Representational)
Posted in Business

‘Was ready for work 24/7’: Ex-staffer says this on being laid off by Byju’s

A former Byju’s employee, who lost his job with the company in an earlier layoff round, has said he was asked by the edtech firm…

Continue Reading
israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s Layoffs: Byju’s plans more job cuts to slash costs

Edtech major Byju’s is expected to let go of more staffers as it embarks on another cost cutting exercise to streamline operations further, sources told…

Continue Reading
israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

byju: Byju’s inducts generative AI for guiding students; says it won’t replace teachers

Edtech major Byju‘s on Wednesday said it has introduced generative artificial intelligence in its learning modules with an avowal that the technology will not replace…

Continue Reading
israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s News: Byju’s faces deadline for $40 million payment

Byju’s, India’s most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the centre…

Continue Reading
The move is a fresh challenge for one of India’s hottest tech companies, which has been working to appease creditors by offering prepayments and higher coupons to restructure the loan.(File/Representational)
Posted in Business

Byju’s lenders scrap talks to restructure $1.2 billion loan

Creditors to Byju’s, India’s most valuable startup, have pulled out of negotiations with the company to recast a $1.2 billion loan, posing a new setback…

Continue Reading
The dispute is the latest setback for the high-flying startup founded by Byju Raveendran. (File )
Posted in Business

Byju’s Alpha accused of hiding $500 million in default lawsuit

Lenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a fight between creditors and the self-proclaimed biggest…

Continue Reading
Court orders Byju's to compensate IAS aspirant.(File/Representational)
Posted in Business

IAS aspirant alleges Byju’s of ‘fraudulent behaviour’, court orders for refund

An Union Public Service Commission (UPSC) Civil Services Exam (CSE) aspirant has filed a complaint against the ed-tech brand Byju’s accusing its manager and Bollywood…

Continue Reading
Byju Raveendran of Think and Learn Pvt. Ltd that runs edutech start-up Byju’s. Chan Zuckerberg Initiative has also invested in the education technology firm.(Livemint)
Posted in Business

FEMA violation case: Byju’s ‘confident’ it complies with foreign exchange laws

Indian education platform Byju’s CEO is confident that the country’s financial crime-fighting agency will find the company compliant after raids on its premises over suspected…

Continue Reading