Think And Learn

Edtech BYJU’s Wins Legal Tussle Over Stake Dispute With Aakash Institute: Report

07/02/2024

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.

Is There Any Value Left At The End Of Tunnel For Byju’s? 

02/02/2024

After major investors Blackrock and Prosus cut the valuation of the edtech firm to $1 billion and $3 billion, respectively, the latest rights issue pegs the pre-money valuation at a meagre $25 million, slumping more than 99% from its peak valuation of $22...

Byju's Attempts Raising $200 Million From Existing Investors At $225 Million Valuation

29/01/2024

This is significantly lower than the edtech's last funding round where its valuation stood at $22 billion

Ranjan Pai Picks 40% Stake In Byju's-Owned Aakash Institute, Becomes Its Biggest Shareholder

25/01/2024

Aakash Institute's board approved converting Pai's $300 million investment in 2023 into equity

BYJU's Ex-Employees Charge Company Of Missing Full And Final Settlement Deadline

21/11/2023

An employee claimed that the full and final settlement of many employees whom he knows has not been settled yet

Deloitte Resigns As Byju's Auditor, Edtech Firm Ropes In BDO For Audit

22/06/2023

Deloitte Haskins and Sells resigned three years prior to the expiry of its contract due to a long delay in the edtech firm's financial statement for FY2021-22