Byju S

Byju’s Sues Investment Firm Redwood, Challenges The Acceleration Of $1.2 Billion Loan

06/06/2023

The Indian edtech major has also accused the investment firm of leading a group of lenders to play predatory tactics against the company

Byju's Board Okays Aakash's Public Listing By Mid-2024

05/06/2023

The IPO for Byju's tutoring services division was previously planned for 2023, which was postponed as the edtech decacorn battled various challenges

Byju’s Faces Deadline To Pay $40 Million Of $1.2 Billion Loan: Report

05/06/2023

When asked, Byju’s declined to comment on the coupon payment

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

Blackrock Slashes Byju’s Valuation

31/05/2023

Prior to this, Blackrock slashed its valuation to $11 billion in February

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

CRED-Owned Happay Fires 160 Employees

16/05/2023

Founded by entrepreneurs Anshul Rai and Varun Rathi, Happay has an employee bandwidth of more than 450 employees

Janus Henderson Slashes Valuation Of PharmEasy

15/05/2023

Prior to this, Neuberger Berman, a New York-based investment management firm slashed PharmEasy’s valuation by 21 per cent to 4.4 billion as of February 28

Will Byju's Debt Financing Gamble Help It Battle Its Capital Woes?

14/05/2023

The edtech raised $250 million from US-based investment firm Davidson Kempner, which is part of the $1 billion funding round it hopes to close this month

ED Searches: Byju's CEO says brought more FDI to India than any other start-up, company in compliance

01/05/2023

The firm had received a foreign direct investment of nearly Rs 28,000 crore between 2011 and 2023