Byju’s
General
Barring Byju's write-off, how Prosus' India portfolio fared in FY24
Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......
TMT
Prosus writes off its 9.6% stake in Byju's
Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's ......
TMT
Byju Raveendran's brother Riju held in contempt by US court
A US court on Tuesday held Riju Ravindran, brother of Byju Raveendran, in contempt of court for failing to “disclose ......
Infrastructure
VC firm B Capital infuses more funds into Indian EV company
US-based multi-stage venture capital firm B Capital has re-invested in an Indian company as part of the latter's Series E fundraising ......
People
Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig
Beleaguered edtech company Byju’s India CEO Arjun Mohan has stepped down, ten months after moving to the company from rival ......
TMT
Byju's breached terms of loan from Manipal's Pai, Aakash stake sale blocked: Arbitrator
Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to ......
General
Grapevine: Morgan Stanley PE, Multiples eye RG Stone stake; EDF to sell India assets
RG Stone, a chain of urology and laparoscopy hospitals in India, has initiated discussions with several private equity (PE) firms ......
General
Grapevine: Aakash founder unlikely to return as CEO; Bajaj Housing Finance, Lava mull IPOs
Aakash Institute, owned by Byju's and with a 40% stake held by Ranjan Pai of the Manipal group, has abandoned ......
TMT
Investors jittery as some Indian startups' fall from grace dwindles faith
India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
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