Byju's

ED Tightens the Noose Around Byju’s Founder: Puts His Travel Plans Under Lens

Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...

Byju’s May Have to Shutter All Major Offices Across India: Defaults on Rent, Receives Multiple Legal Notices

Byju's has been grappling with a financial storm for quite some time, prompting it to take significant measures to weather the challenges. In the latest move, the edtech firm has downsized its office space in Bengaluru as part of...

Byju’s Valuation Crash in 2 Years: A 95% Drop to Just $1 Billion

Byju's, the Indian edtech startup that reached a valuation of $22 billion during its fundraising in March 2022, has experienced a significant downturn in its valuation. BlackRock, the world's largest asset manager and one of the early investors in...

Byju’s Is Racing Against Time: From Shining Star to Stinking Workplace

Byju's, India's once biggest ed-tech company, is on the verge of collapse. The company is currently grappling with a severe liquidity crisis, prompting a series of organizational shake-ups in recent months. This unfolding crisis extends far beyond the boardrooms,...

Byju’s Nearing its End: Founder Pledges Assets, Borrows from Kin to Save Sinking Ship Amid Financial Crisis

Byju’s, India's once most valued edtech startup in the world, appears to be nearing its end as it grapples with a severe cash crunch. To navigate these troubled waters, the edtech giant is leaving no stone unturned, exploring unconventional...

Prosus Cuts Byju’s Valuation to Below $3 Billion, 86% Down from Its Peak of $22 Billion

The troubles for Byju's seem far from over! Byju's, once hailed as the most promising startup in India's edtech space, has constantly been in controversies surrounded by financial frauds, mounting losses, outstanding debt obligations, misleading advertisements and various other...

Byju’s defers joining dates of new employees upto 6 months, leaving many in perplexing situation

Byju's, once the world's highest-valued Edtech startup, is currently grappling with several challenges that have not just raised concerns among employees and stakeholders alike. With the recent news of delayed joining dates for new employees, layoffs, valuation cuts, and...

Unemployment in India’s Edtech Sector Hits A New High: Over 21,000 Byju’s Employees Are On The Job Hunt

The edtech industry, once a beacon of opportunity, is facing a challenging time as Byju's, India's largest edtech company, grapples with layoffs and financial troubles. In the past six months alone, the edtech company has let go of nearly...

Byju’s lenders kill $1.2 billion loan restructuring talks: Poses a new challenge for the world’s most valued EdTech startup

Creditors engaged in negotiations with Byju's, India's most valuable startup, have abruptly ended discussions related to restructuring a $1.2 billion loan, adding to the mounting challenges faced by the beleaguered edtech startup. Citing some unknown sources, Bloomberg reports the talks...

Unlocking the Enigma: Byju’s Valuation Slump and Investor Anxiety Unveiled

Byju's once again finds itself in hot waters. The latest blow comes from none other than Blackrock, the world's largest asset manager, who has dramatically reduced Byju's valuation for the second time in just three months this year. India's...
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