Byju Raveendran

Byju’s Lenders Discard Talks To Restructure $1.2 Billion Loans: Report

01/06/2023

The start-up led by Byju Raveendran proposed a 200-300 basis point hike in interest rates as a pre-condition of restructuring the loan

Creditors Allege Byju’s Alpha Hid Around $500 Million: Report

19/05/2023

Byju’s Alpha is facing a lawsuit in Delaware court about the company's control, after lenders claimed that it had defaulted on its payments

Wherever Valuation Exceeds Value, It Leads To Friction Within The Start-Up System, Says Fireside Ventures' Partner Dipanjan Basu 

03/05/2023

With growing number of corporate governance issues, Basu explains the need to differentiate between intentional fraud and misgovernance arising out of mistakes

Byju's Appoints Former Deputy CFO of Vedanta Ajay Goel As Its CFO

04/04/2023

Byju's has appointed a new chief financial officer as the company negotiates the conditions for its $1.2 billion term loan B and prepares to file its FY22 financials

Byju's Likely To Close $250 Million Equity Fund Raise In April

25/03/2023

The company had last raised $250 million from existing investors and Qatar Investment Authority

Edtech Decacorn Byju's To Raise $250 Million For Aakash

09/03/2023

The Byju Raveendran-led company acquired the three-decade-old education centre Aakash Educational Service in 2021 by spending $950 million

Edtech Unicorn upGrad Owned Subsidiary Lays Off 120 Employees

07/03/2023

Prior to this, Harappa, another upGrad-owned edtech company laid off 60 employees at the beginning of the year

Byju’s Is In Talks With TPG, Sovereign Funds To Raise Funds: Report

18/02/2023

The Bengaluru-based start-up bagged $250 million in a funding round from its existing investors

Byju’s Lays Off Nearly 1,000 Employees: Report

02/02/2023

Last year, Byju’s announced its plan to rationalise five per cent of its 50,000-strong employee money to keep the business on the profitability track

Edtech Decacorn Byju's To Open 300 Physical Coaching Centres

24/01/2023

Last year, the company launched 300 physical centres and planned a $210 million investment