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Indian startups should strive for building a sustainable business...
The Byju’s episode is dragging for too long. The latest development saw the Extraordinary General Meeting (EGM) of the edtech firm resulting in voting...
BYJU’S rights issue gets $300 mn commitment
Edtech major floated a rights issue in Jan to raise $200 mn at an enterprise valuation in the range of $220-250 mn, which is a 99% reduction in its...
I've been moving mountains for months to make the payroll: Byju...
The company, which had delayed the salaries for the month of January, finally paid its employees over the weekend
Byju’s in trouble as its US unit goes bankrupt
Edtech major reportedly delays salaries for Jan, mulls over rights issue at $250-mn valuation as against its all-time high of $22 bn in 2022
Business environment in edtech space likely to improve in 2024
Edtech firm Byju’s has been in the news for quite some time now. The cash-strapped edtech firm has launched a rights issue aimed at raising up to $200...
BYJU'S aims to raise $200-mn via equity rights issue at valuation of...
While the valuation of the firm is significantly higher, the valuation of $220-250 million is for this rights issue only. The issue will close by the...
Byju’s valuation cut to $1bn from $22bn
US investment firm BlackRock, which owns less than 1% of Byju’s, has valued its shares at $209.6 apiece as against peak of $4,660 in 2022: Report
Investors see strong growth of the maturing startup ecosystem in 2024
Corporate governance issues in promising unicorns made the investors' community jittery