Byju's Archives - TechStory

Over 2,500 Employees Laid Off Across Byju’s and Its Subsidiaries
Byju's has laid off full-time and contractual employees from Toppr, WhiteHat Jr, and its core teams.

Vishvas NarayanJune 30, 2022

The education tech industry continues to have their mass exodus after having a booming 2 years. Although a few people say that the industry will continue to gr...

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Byjus Delays Their $1 Billion Deal
The acquisition was worth $950 million and touted as the largest in the Indian EdTech space.

Vishvas NarayanJune 29, 2022

Byjus, one of the leading companies in the ed tech sector in the country came out to announce that they will be pushing back their payments to Aakash Education...

BusinessEducationStartupsTech

Byju’s global expansion: EdTech pioneer eyes Chegg or 2U, weighs US acquisition

Prattay MazumdarMay 18, 2022

Illustration: TechStory × Freepik Byju's, an India online training startup, is in conversations to procure a U objective and is prone to offer for either Ch...

Markets

Byju’s said to be in talks with lenders for $1 billion funding

Srestha RoyMay 13, 2022

According to persons familiar with the situation, Byju's, India's most valuable company, is in talks with lenders to acquire more than $1 billion in acquisition...

News

Byju’s to Go Offline with Tuition Centres
The company will invest $200 million over the next 12-18 months to set up the tuition centres.

Vishvas NarayanApril 17, 2022

Indian based education technology start-up, Byjus has announced that the company have decided to expand into the offline, real world by setting up tuition centr...

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BYJU’S looks to invest $200 million in offline and hybrid tuition centers

BalrajFebruary 17, 2022

BYJU's, India’s most valuable startup, plans to invest up to $200 million in offline and hybrid tuition centers within the next 12-18 months. After receiving po...

BusinessEducationIndia NewsStartups

Byju’s eyes for SPAC merger deal within a month for US listing

BalrajFebruary 2, 2022

Byju's, India's leading EdTech startup, is holding negotiations with at least three US-based special-purpose acquisition companies (SPACs) in regard to go publi...

BusinessIndia NewsStartups

EdTech firms can’t be allowed to offer Degrees or Diplomas, says AICTE chairman

BalrajJanuary 31, 2022

The government is not hostile to EdTech firms, according to Anil Sahasrabudhe, chairman of the All India Council for Technical Education (AICTE), but they canno...

EducationIndia NewsStartups

Swiggy to set aside Rs 16310 crore in reserves to allot bonus shares to its founders and investors

BalrajJanuary 18, 2022

Swiggy, India's largest online food ordering and delivery platform, has issued over 163 million bonus shares to its 30 shareholders, according to regulatory fil...

BusinessIndia NewsStartups

A student does her school work on an iPad

Government issues advisory for parents, students engaging with edtech services in India

BalrajDecember 25, 2021

The Ministry of Education has released an advisory notice with a detailed set of warnings for parents who are considering using ed-tech services for their kids'...

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