TechCrunch

Byju’s seeks new funding at less than $2 billion valuation, a 90% drop

Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered ...
Yahoo

Byju's, once valued at $22 billion, faces insolvency proceedings

Add Yahoo as a preferred source to see more of our stories on Google. An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju's, once India's most valuable startup, in response ...
inc42

BYJU’S Vs Bankruptcy: Will The Edtech Giant Survive The Existential Insolvency Crisis?

BYJU’S plans to challenge the NCLT order and will file an appeal in Delhi to block the insolvency proceedings, but is this too little and too late? For the first order of business, the interim ...
TechCrunch

Byju’s is restructuring businesses

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 of the ...
JD Supra

Delaware Bankruptcy Court Sides with Trustee in Two Related Orders in $500 Million Fraudulent Transfer Action Arising out of BYJU’s Bankruptcy

In related orders in an action to recover over $500 million in alleged fraudulent transfers arising out of the bankruptcy of an education technology company, the U.S. Bankruptcy Court for the District ...
inc42

BYJU’S: An Empire That Was

The odds are stacked against BYJU’s founders Byju Raveendran and Divya Gokulnath, and it all seems to be going awfully wrong for the edtech giant that once was a poster child for Indian tech While the ...
Yahoo

BlackRock cuts Byju's valuation by 95% to $1 billion

Add Yahoo as a preferred source to see more of our stories on Google. BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to about $1 ...