Wednesday, February 21, 2024
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$200 Million Rights Issue Fully Subscribed, Board Restructuring Planned: Byju Raveendran

Byju Raveendran stated in an internal letter to shareholders that to ensure transparency regarding the usage of funds raised through the rights issue, the company will appoint a third-party agency to monitor it.

21 / 02 / 2024

Byju's Vacates 400,000 Sq Ft Bengaluru Office Space To Reduce Costs: Report

The company terminated the rental agreements for the property at Prestige Tech Park earlier this year.

20 / 02 / 2024

BYJU'S Rights Issue Gets $300 Million Commitment

BYJU'S floated a rights issue in January to raise $200 million through an equity rights issue at an enterprise valuation in the range of $220-250 million which is a 99 per cent reduction in its peak valuation of $22 billion.

19 / 02 / 2024

Byju's Investors To Vote On Board Ouster In Friday Meeting: Report

The extraordinary meeting, expected to convene on Friday, will see the company's major shareholders voting to remove Byju Raveendran, Divya Gokulnath, and Riju Ravindran from the board of Think & Learn..

19 / 02 / 2024

TeamLease EdTech and NSDC Partner For Work-Integrated Degree Programmes

Digivarsity, TeamLease EdTech’s tech-first platform, will synergise with Skill India Digital, offering candidates enhanced access to higher education and employment opportunities.

15 / 02 / 2024

The extraordinary meeting, expected to convene on Friday, will see the company's major shareholders voting to remove Byju Raveendran, Divya Gokulnath, and Riju...

Digivarsity, TeamLease EdTech’s tech-first platform, will synergise with Skill India Digital, offering candidates enhanced access to higher education and...

To avail the benefit of this initiative, termed the ‘Right to Education program,’ students had to fill out a form on the PW App.

Hero Vired plans to engage over 100 students monthly, with the long-term aim of reaching out to over 1,500 aspirants by the end of the year.

The labs house over 5,000 components and 2500+ experiments addressing the constraints faced by 90 per cent of schools lacking labs.

Manipal Group chairman Ranjan Pai is set to become the largest shareholder in Aakash Institute with a 40 percent stake in the company after the legal win.

The company has set aside Rs 100 crore to grow in smaller towns and places outside big cities, and they want to speed up their work in the next year