Byju Raveendran

Byju’s misses revenue projection in much-delayed financial account

Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022, stood at $429.18 million, making it clear that the most valua

Prosus slams Byju’s after quitting board, says India’s top startup ‘regularly disregarded advice’

Prosus, one of the largest investors in Byju’s, expressed its disappointment in the edtech giant’s reporting and governance practices on Tuesday, a month after all the key investors quit t

Prosus slashes edtech giant Byju’s valuation to $5.1 billion

Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtech giant, implying a starkly diminished valuation of $5.1 billion to the Indian s

India ordered an investigation into Byju’s days before auditor and board members resigned, report says

India’s corporate affairs ministry ordered an investigation into edtech startup Byju’s last week, television news channel CNBC-TV18 reported Friday, further complicating matters at the mos

Deloitte, three board members quit edtech giant Byju’s

Global giant Deloitte quit as the auditor of Byju’s and three board members resigned from the most valuable Indian startup on Thursday, sending a shockwave through the industry, a year after the

India’s anti-money laundering agency searches edtech giant Byju’s offices

India’s crime-fighting agency searched three premises of edtech giant Byju’s and its founder Byju Raveendran, it said Saturday, and seized various “incriminating” documents and

Indian edtech giant Byju’s raises $250 million in fresh funding

Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial p

Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash, a source familiar with the matter told TechCrunch,

Indian edtech giant Byju’s missed own revenue projections in FY21

Byju’s clocked a revenue of $305.6 million in the financial year that ended in March 2021, below its own projections, the Indian edtech giant disclosed in audited results Wednesday, following an 18-

Byju’s yet to secure $250 million of its $800 million March funding

Byju’s has yet to receive $250 million of the $800 million funding it announced in March this year, the company said, as India’s most valuable startup comes under scrutiny. Sumeru Ventures and Oxs

Daily Crunch: African mobility fintech Moove raises $105M in Series A2

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Byju’s founder took loan to invest $400 million in edtech giant

Byju Raveendran, founder and chief executive of the eponymous edtech giant, has financed his recent $400 million investment in Byju’s through a debt he raised from multiple international banks,

Byju’s founder backs startup in $800 million funding at $22 billion valuation

Byju Raveendran, the co-founder and chief executive of eponymous Indian edtech giant Byju’s, has invested $400 million into the startup, the two said on Friday. His backing is part of a larger $800

India’s most valuable startup Byju’s in talks to go public via record SPAC deal

Indian edtech giant Byju’s, the nation’s most valuable startup, is in talks to go public in the U.S. by merging with a blank check company led by Churchill Capital, a person familiar with the matt

Indian edtech giant Byju’s valued at $18 billion in new funding

Byju’s has raised about $300 million as part of a larger round of new investment as the Indian edtech giant focuses on expanding its international business and aggressively explores merger and acqui

Bankers chase Byju’s for IPO, valuation pegged up to $50 billion

Nearly every top investment bank is chasing Byju’s and nudging the most valuable Indian startup to seriously explore the public markets as soon as next year. Most banks have given Byju’s a propose

Byju’s acquires reading platform Epic for $500 million in US expansion push

Byju’s said on Wednesday it has acquired California-headquartered reading platform Epic for $500 million, the latest in a series of moves from India’s most valuable startup as it deepens its footp

Indian decacorn Byju’s CEO talks about future acquisitions, coronavirus and international expansion

Since India enforced a lockdown across the country in late March, shutting schools and other public places, Bangalore-headquartered startup Byju’s has emerged as one of the quintessential platforms