Byjus
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Deloitte resigns as BYJU'S auditor, edtech firm ropes in BDO for audit
Business | Jun 22, 2023, 11:30 PM ISTDeloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed.
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BYJU's lays off close to 1,000 employees across all departments
Business | Jun 19, 2023, 11:34 PM ISTBYJU's had announced cutting about 5 per cent of 2,500 employees over six months starting October 2022 as it unveiled the company's plan to become profitable by March 2023.
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Byju's layoffs | Edtech giant mulls fresh round of job cuts, likely to fire 1,000 employees: Report
Business | Jun 09, 2023, 01:11 PM ISTByju's layoffs: The sales and marketing teams at the company are likely to bear the brunt most by this decision.
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ED searches BYJU's office: CEO Raveendran says brought more FDI than any other startup
India | Apr 30, 2023, 11:23 PM ISTJust a day earlier, ED searched three premises in Bengaluru linked to the company over alleged foreign exchange law violations.
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ED raids Byju's office in Bengaluru, says, 'CEO Raveendran never appeared for questioning'
India | Apr 29, 2023, 01:41 PM ISTED raids BYJU: The company runs a popular online education portal by the name of Byju's. During the searches, various incriminating documents and digital data were seized in Bengaluru today.
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BYJU'S denies buying students' database, says 'relies on app users, walk-ins, incoming requests'
India | Dec 22, 2022, 11:43 AM ISTBYJU news: BYJU'S is reportedly facing a range of complaints on social media platforms and consumer websites with customers alleging that they were exploited and deceived.
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Byju's 'threatening' parents, 'buying' phone numbers of kids, claims NCPCR
India | Dec 21, 2022, 09:26 AM ISTByju news: Last week on Friday, the commission issued a summons to Byju's CEO Byju Raveendran asking him to appear in person on December 23 over alleged malpractice of hard selling and mis-selling of its courses for students.
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853 tech firms lay off over 137,492 workers globally, more job cuts coming
Technology | Nov 24, 2022, 07:22 PM ISTIn mid-November, around 73,000 workers in the US tech sector have been laid off in mass-level job cuts led by companies like Meta, Twitter, Salesforce, Netflix, Cisco, Roku, and others.
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BYJU's borrows ₹300 crore from Aakash for 'principal business activities'
Business | Oct 28, 2022, 12:29 PM ISTBYJUs news: Last month, the edtech major paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the acquisition of Aakash Educational Services.
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Byju's to sack 2,500 employees as it chalks out plan to become profitable by March 2023
India | Oct 13, 2022, 12:27 PM ISTByju's booked a loss of Rs 4,588 crore for fiscal year ended March 31, 2021, 19 times more than the preceding fiscal, as the nation's most valuable startup
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Byju's clears USD 230 million dues to Blackstone for Aakash acquisition
Business | Sep 24, 2022, 04:46 PM ISTByju's co-founder and CEO Byju Raveendran at the time of announcing the result had said that the contractual commitment of the two investment firms is still there, but the fund has not come and these entities have not made any investment in the last six months.
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Paytm keen to end title sponsorship with BCCI; Byju's to pay Rs 86.21 crore to the board
Cricket | Jul 22, 2022, 08:55 AM ISTApparently, in April, the Board of Control for Cricket in India (BCCI) along with the edtech company had agreed on the extension of their partnership until the end of the 2023 ODI World Cup in India at a 10 percent increment.
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BYJU'S at Trouble- Another Rs 1,200 crores vanishes: Know-how
Technology | Jul 11, 2022, 06:20 PM ISTBYJU'S has been in the news for laying off employees and disgruntled parents complaining about the poor quality of learning material and sales pitches by agents.
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Aryan drug case: Byju's temporarily halts ads featuring SRK
India | Oct 09, 2021, 03:19 PM ISTByju's has temporarily halted advertisements featuring Shah Rukh Khan as his son Aryan Khan undergoes a drug bust probe by NCB.
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Byju's, NITI Aayog partner to provide free education to children in 112 Aspirational Districts
Education | Sep 17, 2021, 03:47 PM ISTThe project envisages establishment of a dedicated working group that will create a knowledge, innovation, and strategy support system, a statement said.
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Byju's acquires US-based coding platform Tynker
Business | Sep 16, 2021, 07:32 PM ISTContinuing its aggressive acquisition spree, Byju's on Thursday said it will acquire K-12 creative coding platform Tynker for an undisclosed amount, as the edtech major looks to further consolidate its presence in the US market.
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Byju's to acquire e-learning platform Vedantu for $600-$700 million
Business | Aug 06, 2021, 11:34 AM ISTThis will be the 4th major acquisition by Byju Raveendran-run company this year.
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Byju's acquires Great Learning for USD 600 million
Business | Jul 26, 2021, 03:38 PM ISTByju's has acquired Great Learning - a global player in the professional and higher education segment - in a transaction valued at USD 600 million comprising cash, stock and earnout, a statement said.
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Byju's acquires Epic for USD 500 million, will invest $1B in North America
Business | Jul 21, 2021, 07:01 PM ISTAccelerating its plans to build the world's largest learning brand, BYJU'S on Wednesday announced that it has acquired 'Epic', a leading U.S.-based kids digital reading platform, for a whopping USD 500 million.
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BYJU'S to acquire Aakash Educational Services in $1B deal
Business | Apr 05, 2021, 04:36 PM ISTBYJU'S, the world's leading ed-tech company has announced its strategic partnership with Aakash Educational Services Limited (AESL). According to sources, the deal is worth close to USD 1 billion (about 7,300 crores) -- making it the biggest acquisition by Byju's to date.