Advertisements The US unit of Indian edtech giant Byju’s has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware. The filing revealed a range of liabilities between USD 1 billion to USD 10 billion. Byju’s Alpha unit… Read More ›
BYJU
Byju Rakes In INR 300Cr Loan From Subsidiary Aakash
Advertisements Think and Learn, the parent company of edtech unicorn Byju’s, has raised Rs 300 crore through a collateral-free loan from its wholly-owned subsidiary Aakash Educational Services, at a time when the company is restructuring its operations in order to… Read More ›
Layoffs and Downsizing Implications for the Leadership Role of Human Resources
Advertisements Over 23,000 employees in startups have lost their jobs since the pandemic began in 2020, making India among the top five countries in terms of startup layoffs, a crowd-source database shows. Downsizing or laying off employees is usually the… Read More ›
Byju’s to invest USD 200 Mn to expand hybrid tuition model
Advertisements India’s largest ed-tech company, Byju’s is planning to invest a whopping $200 million to expand and build its hybrid tuition business. The infusion will take place over the next two years. Head of Byju‘s Tuition Centres, Himanshu Bajaj said, “We… Read More ›
Why are PE Investors placing big bets on the Edtech Market
Advertisements Over the last decade, Edtech has been acknowledged as a necessary innovation to resolve the challenges in the present education system around the globe. The fact that the forthcoming generation is heavily dependent on technology is not just a… Read More ›
After $150 Million UBS Funding, Byju’s To Become India’s Most-Valuable Start-up
Advertisements Ed-tech pioneer, Byju’s is set to raise $150 million from UBS Group AG. Following this deal it will stand at a valuation of $16.5 billion, making it India’s most-valuable start-up. A daughter associate of UBS Asset Management is investing… Read More ›