Byju S Funding

Byju Raveendran Reassures Senior Execs Of Resolution In 45-60 Days: Report

05/12/2023

Byju Raveendran emphasised the urgent need for cash infusion, noting that businesses like Aakash and Epic are profitable, while Great Learning is at a break-even stage

Byju’s Appoints Jiny Thattil As New CTO Amidst Strategic Restructuring For Financial Stability

27/11/2023

Byju’s, currently undergoing significant business restructuring, aims to address financial stability concerns amidst challenges such as the collapse of term loan B and high cash burn

Byju’s Lenders Onboard Risk Advisory Firm Kroll To Safeguard Great Learning assets

11/10/2023

The appointment is made on behalf of Byju's Alpha's secured creditors as part of the lenders' exercise of their security rights

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

Byju's In Talks To Raise Over $500 Million At $23 Billion Valuation

05/09/2022

The company is in discussion with Abu Dhabi's Sovereign Wealth Funds (SWF) and Qatar Investment Authority (QIA) for raising in the range of $400 to $500 million and $250 to 350 million, respectively