Business Insider9d
A once-hot startup got a $1.5 billion loan. More than $500 million went to a high school dropout's 'sham' hedge fund, judge rules.
Call it the case of the vanishing half a billion dollars. During the pandemic-era startup funding boom, the education technology company Byju's raised money from some of the biggest names in ...
inc421y
BYJU’s Acquisition Spree: A Costly, Deadly Gamble
Between 2017 and 2021, BYJU’S went on a shopping spree and acquired 17 companies within five years, which is a record three and a half companies every year BYJU’S invested around $3 Bn in ...
Business Today13d
'You have been told my family made a fortune': Byju Raveendran defends himself amid crisis
In a LinkedIn post, Byju Raveendran, founder of embattled edtech giant BYJU’S, alleged “criminal collusion” between EY India, GLAS Trust, and an interim resolution professional (IRP ...
Business Today1y
Byju's stands at the edge of a precipice: Can the edtech major reclaim its lost glory?
Deloitte Haskins & Sells, the company’s auditor, which has a five-year mandate up to 2025, said it had no clarity on when Byju’s planned to finalise its 2021-22 accounts or even fix issues it ...
VCCircle24d
Byju’s collapse aside, how are other Indian edtech unicorns faring?
Indian edtech unicorns, which went on a rapid expansion spree during the pandemic years, are recalibrating their strategies as the collapse of Byju’s and investors’ focus on profitability prompts them ...