Byju's Archives - TechStory

Byju’s founder responds to Messi row after layoffs, calling it “foolish for people to think”

Sneha SinghNovember 11, 2022

One of the most valuable edtech company in the world, Byju's, came under fire after it let go of 2,500 employees. In addition, the company revealed that Lionel ...

Business

Byju’s founder decides not to close its centre in Kerala

Sneha SinghNovember 2, 2022

After talking with Kerala Chief Minister Pinarayi Vijayan on Wednesday, Byju's founder Byju Raveendran decided that the company will keep its Thiruvananthapuram...

News

Byju’s Borrows Rs 300 Crore from its Subsidiary Aakash for ‘Core Business Operations.’

NIsha JainOctober 28, 2022

Think & Learn Pvt, the company that runs Byju's, the world's most valuable edtech company, will borrow Rs 300 crore ($36.45 million) from its wholly owned s...

BusinessNews

In FY22, the revenue and losses of Unacademy surge over 80%
Due to rising ESOP costs, Unacademy's losses nearly doubled to Rs 2,848 crore in FY22

Sneha SinghOctober 27, 2022

Unacademy is no exception because edtech companies have had a problematic current fiscal year. The SoftBank-backed company entered offline learning in FY23 afte...

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In Connection with the Aakash Transaction, Byju’s pays Blackstone $234 million – Report

NIsha JainSeptember 24, 2022

According to a source intimately involved in the transaction, Byju's paid Blackstone Inc. $234 million to settle its debts owed to the private equity firm as pa...

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Byju’s should pay ₹ 1983 crore within 8 days for Aakash acquisition

Thomas BabychanSeptember 15, 2022

According to the latest reports, Indian ed-tech startup, Byju’s, should pay 1983 crore Indian rupees to Blackstone, a global investment management company, with...

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Byju Posts surprise Fall in FY’21 revenue which shows Increase in Losses

Aditi BaliSeptember 14, 2022

According to various reports, Byju has posted its surprise fall which shows a 20 times increase in losses in the financial year 2021. Read the entire article to...

News

Byju’s plans on filing its audited financial reports on September 6!

Mehardeep SinghAugust 30, 2022

Source: Startup Story According to recent reports, a popular ed-tech startup, Byju’s is said to have informed its debt investors that it is likely to finali...

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Government seeks Byju’s reply on the delayed filing of audited accounts!

Mehardeep SinghAugust 27, 2022

Source: The Financial Express As per recent reports, India sought reasons from Byju’s, it being the country’s most valuable startup backed by Tiger Global Man...

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BYJU’s denies claim of ‘pending payment’ to BCCI, backed by BCCI

Aayush PathakJuly 24, 2022

BYJU's has denied claims of owing any money to the Board for Control of Cricket in India (BCCI). In a LinkedIn post, Divya Gokulnath, the co-founder of BYJU's c...

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