Byju’s denies receiving ED notice amid ₹9,000 cr FEMA violation row
Ed-tech major has reportedly received ED notice under FEMA violations worth ₹9,000 cr; ED yet to officially issue a statement on the matter
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Top 10 By Decline In Wealth
Gautam Adani saw the maximum decline in wealth.
BYJU'S: Cloud Over IPO, Valuation
Auditor resignation brings more bad news for the edtech start-up.
Byju's brought more FDI to India than any other startup: CEO
Byju Raveendran says the startup has received ₹28,000 crore as FDI.
Byju's founder Byju Raveendran under ED lens
Edtech startup says the visit by officials from the Enforcement Directorate was related to a 'routine inquiry' under FEMA.
Byju’s targeting first-generation learners: NCPCR chief
The child rights organisation has already summoned Byju Raveendran on December 23 over alleged malpractice of hard selling and misspelling of its courses to the students, based on a news report.
Messi as brand ambassador amidst layoffs; did Byju's get the timing wrong?
The layoffs announced by the global tech giants were on the cards, but the way the developments are unfolding an erosion of brand value at least in the short-term is imminent.
BYJU’s revokes decision to shut Thiruvananthapuram office as state govt intervenes
The development comes a week after Byju’s employees met labour minister of Kerala V Sivankutty, urging him to intervene over the alleged mass termination of as many as 140 employees at Technopark.
Byju’s standalone loss surges to ₹2,702.14 cr in FY21
Byju's standalone income, which comprises its K-12 business, stood at ₹1,551.64 crore in FY21, while it reported a massive jump in expenditure at ₹4,253.78 cr.
Amid massive job cuts, Byju's raises $250 mn from existing investors
Ed-tech major Byju's says it has adopted a "three-pronged" approach to achieve its plan of group-level profitability by March 2023.
