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...
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...
Enforcement Directorate raided the premises of Raveendran Byju, CEO of Bengaluru-based edtech startup unicorn BYJU’s. The searches were carried out for allegedly violating laws governing foreign funding. The investigation agency searched two business premises and one residential property in...
When Byju's acquired WhiteHat Jr for a whopping $300 million two years ago, little did anyone know that the runway for the coding platform would soon be cut short by India's most valued, as well as most controversial, startup.
Citing...
With a net worth of $16.5 billion, Byju’s is not only the most valued startup in India but also the most valued ed-tech startup in the world. Recently in March 2021, the startup raised $456.7 million and $350 million.
The company,...
