Byju's is looking to sell its overseas ventures, Epic and Great Learning, to repay its entire $1.2 billion loan, aiming to garner between $800 million to $1 billion from these sales
The Rise of Byju's: India's EdTech Giant
Byju's, founded in 2011 by Byju Raveendran and Divya Gokulnath, has transformed from a startup to a multi-billion dollar edtech company, shaping India's education landscape.
Its innovative approach, using te
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Byju's, Bengaluru-based edtech firm, is reportedly in talks with the Board of Control for Cricket in India (BCCI) to settle its Rs 158.90 crore debts.
If the settlement is reached, Byju's will be released from an insolvency process
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10 replies13 likes
Somen's 8D world
Stealth • 8m
is this the ending? 😭
Delaware court restricts Byju’s from use of $533 mn parked overseas
Riju Ravindran, co-founder of edtech company Byju's, has been penalized by a US court for contempt of court. The court found Ravindran in contempt for refus
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4 replies5 likes
Ashish Singh
Stealth • 25d
🤯As of January 5, 2025, here are the updated valuations for some of India's top startups:
-- 🚀Byju's: Approximately $21 billion.
-- 🚀Flipkart: Valued at around $37.6 billion; acquired by Walmart.
--🚀Paytm: Approximately $16 billion.
--🚀Ola:
🔴28 employees entered #Google CEO’s office and threatened to stay there until Google canceled its $1.2 billion contract with the Israeli 🇮🇱government.
Google has FIRED all of them from job.
👉 What's your take on this topic is it an ethical way
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3 replies7 likes
Kanishk Raj
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Medial • 1m
Starlink's Expansion in Ukraine: Starlink is set to introduce its direct-to-cell services in Ukraine, aiming to enhance connectivity in the region.
0 replies4 likes
Harsh Dwivedi
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Medial • 1m
Unacademy was once valued at $3 Billion and above and has raised more $800 Million till date might get sold for $800 Million. If the deal goes through, Unacademy's founders are expected to exit the company.
I think Allen is buying just Unacademy and
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10 replies19 likes
Yash Barnwal
Stealth • 3m
From EdTech giant to bankruptcy proceedings – the rise and fall of BYJU'S. Once valued at $22 billion, the company now faces insolvency after a series of acquisitions, debt defaults, and investigations.