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
Do you want Byju's to cease it's operations next academic year & sell the company to settle its debts.
8 replies8 likes
LIKHITH
Stealth • 3m
STAY UPDATED !!
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 • 6m
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
Jeet Sarkar
Stealth • 7m
🔴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
Yash Barnwal
Stealth • 1m
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.
0 replies3 likes
Vaibhav Babruwan Shingde
Stealth • 7m
Pine Labs is all time high 📈
• Baron Funds increased its valuation of Pine Labs to $5.8 billion, while Invesco marked the firm's value up to $4.8 billion as of December 2023.
• Previously, Baron Funds had valued Pine Labs at $5.3 billion in Septem
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7 replies14 likes
Havish Gupta
Stealth • 7m
Amazon is launching a new section on its app where all the goods will be less than 800₹. This is done to target low income people as well.
OpenAI Is Rebooting Its Robotics Team
After disbanding its efforts to build a general purpose robot in 2020, the AI juggernaut is embarking on a new attempt to supply models to other companies aiming to build robots of their own.