Byju's massive restructuring to affect 3,500 employees
The restructuring will have an impact on 3,000-3,500 jobs, Fortune India has learnt.
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Rajnish Kumar, TV Mohandas Pai join BYJU'S advisory council
The council will play a pivotal role in advising and mentoring BYJU'S board and its CEO, Byju Raveendran, on crucial matters.
BYJU'S: Cloud Over IPO, Valuation
Auditor resignation brings more bad news for the edtech start-up.
Byju's valuation cut to $5 billion by Prosus
That's around 75% lower than Byju's staggering $22 billion valuation last year.
Byju's auditor Deloitte quits citing delay in financial statements
Deloitte, which was appointed as Byju's auditor till 2025, said it has not been able to commence the audit as on date
Byju's to list Aakash Institute by mid-2024
The Bengaluru-headquartered edtech unicorn acquired Aakash Institute in April 2021, for a cash and stock deal worth ₹1,983 crore.
US investors slash valuation of Byju's by 62%, Meesho by 10%
Blackrock, which manages over $10 trillion in assets, had first entered Byju's roster of marquee investors at a $12-billion valuation in 2020.
'Litigants have made bewildering claims in US court': Byju's
Alpha Inc, a non-operative entity of the company in the US, is currently facing a lawsuit in the Delaware court, on behalf of the lenders, who are owed $1.2 billion.
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.
