Founder Byju Raveendran is making a last-ditch attempt to placate the embattled Indian startup's disgruntled investors.
Generative AI well and truly has a grip on public technology discourse these days. A new startup called Ema out of San Francisco thinks it’s a lot more than just a passing fancy. It’s emer
Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the startup and that rumors of his firing have been &
A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Raveendran and separately filed an oppression and management suit against the lead
Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to raise up to $50 million in fresh funding, according to sources familiar with the m
Byju’s said on Wednesday that recent accusations by India’s crime-fighting agency regarding a breach of the nation’s foreign exchange rule are “solely technical” in natur
Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit early last year. Byj
Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than half th
Fast-fashion startup Virgio, founded by former Myntra chief Amar Nagaram, is contemplating shutting down its operations less than a year after raising funds at a valuation of over $160 million, accord
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating
Artificial intelligence continues to be a major force in the world of healthcare, and in one of the latest developments, a Copenhagen startup called Corti has raised $60 million to expand its contribu
Three senior executives are leaving Byju’s as part of a restructuring at the edtech group, the Indian startup said Tuesday. Mukut Deepak, who led the classes 4-10 business; Himanshu Bajaj, head
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
Invesco, which led Swiggy’s previous round, has marked down the Indian food delivery giant’s valuation in its holding to about $5.5 billion, according to a filing. This revised valuation,
Meesho cut 15% of its workforce, or 251 roles, on Friday as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This
Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from
India’s antitrust watchdog has approved PayU’s proposed acquisition of payments gateway BillDesk, the second largest M&A deal in the South Asian market’s consumer internet space,
Cashify, a marketplace for gadgets trade-ins and buybacks in India, has raised $90 million in a new financing round as it looks to expand its business in the world’s second-largest smartphone market
Coinbase has hired Arnab Kumar, former executive at Prosus Ventures, in the latest push to relaunch its eponymous cryptocurrency exchange in India. Kumar, who has previously also worked at influential
The pandemic has majorly affected the global supply chain, with 60% of U.S. adults in an August 2021 Gallup survey saying that they’ve been unable to get a product they wanted in the past two mo
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