BYJU'S: News

18 Sep 2023


BYJU'S delays settlements of 1,000 laid-off employees to November

BYJU'S, the world's most valuable edtech company, has postponed the full and final settlements of nearly 1,000 laid-off workers from September to November as it faces a liquidity crunch.

13 Sep 2023

Byju Raveendran

BYJU'S accused of hiding $533 million from lenders

In a startling turn of events, edtech giant BYJU'S has been accused by lenders of hiding a substantial sum of $533 million in a little-known hedge fund named Camshaft Capital Fund, per Bloomberg.

12 Sep 2023


BYJU'S eyes $1 billion from non-core asset sales

India's most-valued start-up, BYJU'S, is conducting a strategic review of its assets to put on sale non-core subsidiaries and refocus on core, profitable segments, per Moneycontrol.

06 Sep 2023

Byju Raveendran

BYJU'S fails to pay performance-linked incomes to tuition center staff

India's edtech giant, BYJU'S has failed to pay performance-linked incentives to its tuition center staff since September 2022, as per Moneycontrol.

30 Aug 2023


BYJU'S woes continue as WhiteHat Jr CEO Ananya Tripathi resigns 

The CEO of WhiteHat Jr (a subsidiary of BYJU'S), Ananya Tripathi, has submitted her resignation.

29 Aug 2023


BYJU'S hit with more resignations: Three senior executives quit

Edtech start-up BYJU'S has seen the resignation of three senior executives as the company goes through a challenging phase.

21 Aug 2023


Cherian Thomas, BYJU's Senior Vice President, quits

Cherian Thomas, Senior Vice President of international business at BYJU'S, has stepped down from his position. He was part of the ed-tech giant for over six years.

18 Aug 2023


BYJU'S fires over 400 employees after performance review: Report

Edtech giant BYJU'S has laid off employees from its mentoring and product expert divisions.

04 Aug 2023

Byju Raveendran

BYJU'S, lenders miss August 3 deadline to rework loan terms

BYJU'S and its lenders missed the August 3 deadline for loan amendment talks, with hopes of a resolution after Byju Raveendran's call with lenders next week.

Here's how much Rajnish Kumar earned as SBI chairman

Former State Bank Of India (SBI) Chairman Rajnish Kumar has revealed what his annual income was at the bank, which is definitely raising some eyebrows.

28 Jul 2023

Byju Raveendran

Ex-BYJU'S employee cries, seeks government's assistance over 'toxic' work culture

A now-former BYJU'S employee has reached out to the government, accusing her ex-employer of terminating her suddenly. In a video, she stated that she would have no option but to end her life if "justice" isn't delivered.

26 Jul 2023

Byju Raveendran

BYJU'S founder Raveendran broke down amid crises: Report

Byju Raveendran, the founder of BYJU'S, broke down in tears after the Enforcement Directorate (ED) raided the Bengaluru offices of the company in April, Bloomberg reported.

25 Jul 2023


BYJU'S in turmoil: Delayed PF, shareholder criticism, more offices shut

It is another trouble-laden day for edtech giant BYJU'S. The company, which saw three non-promoter directors resign recently, was criticized by Prosus, its largest external investor.

24 Jul 2023


BYJU'S vacates offices in Bengaluru amid funding crunch

There is no end to BYJU'S troubles. The company has been dealing with issues on different fronts, including investors, lenders, and regulators.

Government to inspect financial records of BYJU's, India's most-valued start-up 

It is an endless queue of trouble for edtech giant BYJU'S. India's most valuable start-up has been under the scrutiny of lenders and investors for a while.

28 Jun 2023


BYJU'S postpones joining date of newly hired employees

Edtech giant BYJU'S sees no end to its troubles. The company has been facing issues on various fronts, including with investors, lenders, and regulators.

26 Jun 2023

Byju Raveendran

BYJU'S boardroom drama: Here's what led to resignation of directors

The last few days have been critical for BYJU'S, India's most valuable start-up. The company lost its auditor and three non-promotor directors in the same week, raising questions about its corporate governance.

22 Jun 2023

Byju Raveendran

BYJU'S: 3 key board members tender resignation over lender fiasco

Trouble seems to have a way of targeting BYJU'S, India's most valuable start-up. The company has been involved in a spat with its lenders for a while.

07 Jun 2023

Byju Raveendran

BYJU'S: Round-up of controversies surrounding the edtech giant

BYJU'S is never far from the headlines. The high-flying edtech firm has been embroiled in multiple controversies over the past year.

BYJU'S introduces AI models to improve learning and reduce costs

Edtech giant BYJU'S is involved in an intense battle with its creditors in the US. However, that hasn't stopped the company from trying to make its business better.

06 Jun 2023


How $1.2bn loan became a concern for BYJU'S

The $1.2 billion loan it raised in November 2021 has turned out to be a massive headache for BYJU'S.

05 Jun 2023

Aakash Institute

BYJU'S announces Aakash IPO in 2024: Everything to know

BYJU'S, India's most valuable start-up, has announced that it will launch the initial public offering (IPO) of its exam preparatory division Aakash Educational Services Limited by mid-2024.

01 Jun 2023


BYJU'S creditors stop $1.2 billion loan restructuring talks: Here's why

BYJU'S, India's most valuable start-up, cannot seem to catch a break. Earlier this week, asset management company (AMC) Blackrock cut the edtech major's valuation by 62% year-over-year.

ED searches BYJU'S CEO's premises over violating foreign funding laws

The Enforcement Directorate (ED) on Saturday, searched three premises belonging to Byju Raveendran, the founder and CEO of Think and Learn Private Ltd. It runs the edtech platform BYJU'S.

18 Apr 2023


Hurun Unicorn Index 2023: How India fares against US, China

The number of unicorns a country has produced is a testament to that country's robust start-up ecosystem. India has done pretty well in the department over the years.

30 Mar 2023


Unacademy's never-ending struggles: Multiple rounds of layoffs to no appraisals 

Layoffs have become common in the edtech sector, as companies are still figuring out their way in a world where people are not confined to their homes.

24 Mar 2023

Byju Raveendran

Why is BYJU'S raising $250 million at a lower valuation

BYJU'S, the world's most valuable edtech company, is in the advanced stages of raising $250 million. Earlier when the company raised the same amount, it was valued at $22 billion.

07 Mar 2023


Edtech meltdown: How BYJU'S, upGrad, others are struggling in 2023

Edtech major upGrad has fired 30% of the workforce at its subsidiary 'Campus.' This marks the second time an upGrad-owned company has laid off employees this year.

23 Feb 2023

Byju Raveendran

BYJU'S mulls closing down WhiteHat Jr, its loss-making coding platform

When edtech giant BYJU'S acquired the coding platform WhiteHat Jr, it was touted as a great decision. How has time changed?

02 Feb 2023

Byju Raveendran

BYJU'S fires over 1,000 employees after promising no more layoffs

BYJU'S, the world's most valuable edtech company, has been struggling due to slow revenue growth and scarcity of funding. The company has now decided to slash over 1,000 jobs as part of a new cost-cutting initiative.

26 Dec 2022

Byju Raveendran

Year in review: BYJU'S highs and lows in 2022

2022 has been a year to forget for tech companies. The pandemic-driven boom was followed by a post-pandemic reality check.

16 Dec 2022

Indian Cricket Team

BYJU's keen to end jersey sponsorship deal with BCCI: Report

As per the latest developments, BYJU's is keen to end its jersey sponsorship deal with the Board of Control for Cricket in India (BCCI).

10 Nov 2022


#NewsBytesExplainer: Major tech layoffs in the post-pandemic era

The year 2022 has been a weird one for tech-based companies around the world. Following a decade of riding the stock market bull and a pandemic peak, they are now faced with a glum post-pandemic reality.

04 Nov 2022

Byju Raveendran

Ex-employees claim BYJU's forced them to sign pre-drafted resignation letters

BYJU'S employees who were laid off before the company's recently announced job cuts have made some serious allegations against the company.

17 Sep 2022


BYJU'S: Is India's most valuable unicorn in serious trouble?

BYJU'S, the world's most valuable edtech company, has opened a can of worms with the release of its FY21 financials after an 18-month delay.

30 Jun 2022


Edtech layoffs continue: Byju's, WhiteHat Jr, Toppr fire 2,500 employees

India's edtech industry hit another low as Byju's, the world's most-valued edtech company, slashed over 2,500 jobs across its group companies.

20 May 2022


Why are edtech firms like Unacademy and Vedantu firing employees?

As India's edtech bubble continues to burst, firms that enjoyed unparalleled success in the last couple of years are now on the path of sustenance.

24 Mar 2022

FIFA World Cup

BYJU's becomes first Indian firm to sponsor FIFA World Cup

The 2022 FIFA World Cup in Qatar has an official sponsor with Indian Ed Tech firm BYJU'S being announced as the same.

06 Apr 2021

Aakash Institute

BYJU's acquires Aakash Educational Services for $1 billion

Popular online teaching platform BYJU's announced on Monday that it has acquired Aakash Educational Services Limited, a chain of physical coaching centres in the country, for nearly $1 billion.

16 Feb 2021


NewsBytes Briefing: Zuckerberg goes full Sopranos on Apple, and more

Last month, we had predicted how Apple's new-found love for privacy was an act of war and that it would lead to the Silicon Valley equivalent of a gang war.

16 Feb 2021


Byju's might acquire Edtech start-up Toppr for $150 million

Indian Edtech giant Byju's is closer to acquiring rival Toppr in a deal pegged at approximately $150 million. Both Byju's and Toppr cater to the burgeoning K-12 (Kindergarten to Class 12) education space.

24 Dec 2018


Looking for CBSE Class-10 NCERT solutions? Check out these websites

The CBSE Class 10 board examinations are considered a major milestone in every student's life as they help pave their future career path.