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Arjun Mohan takes over as Byju's India CEO

People

20 September, 2023

Arjun Mohan takes over as Byju's India CEO

Arjun Mohan, who quit as the chief executive officer of upskilling platform upGrad in January this year after a nearly ......

Byju's rejects creditors' allegations, says invested $500 mn in debt instruments

TMT

14 September, 2023

Byju's rejects creditors' allegations, says invested $500 mn in debt instruments

Byju’s on Wednesday disclosed that it invested more than $500 million in debt instruments, responding to investor concerns after American ......

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Byju's, lenders defer court battle to seek out-of-court agreement

TMT

01 September, 2023

Byju's, lenders defer court battle to seek out-of-court agreement

Edtech company Byju’s and its term loan B lenders have decided to postpone an ongoing disagreement in the US courts ......

Byju's business head resigns amid reorganisation at Indian startup

People

29 August, 2023

Byju's business head resigns amid reorganisation at Indian startup

Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives have resigned as the struggling Indian ed-tech startup restructures ......

Swiggy, Byju's backer Prosus splits food, edtech investment teams

People

22 August, 2023

Swiggy, Byju's backer Prosus splits food, edtech investment teams

Prosus Ventures, formerly Naspers, an early-stage and growth investor in privately held companies, has split its food delivery and edtech ......

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Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

General

21 August, 2023

Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......

Byju's ropes in former Infosys executive as HR advisor

People

14 August, 2023

Byju's ropes in former Infosys executive as HR advisor

Troubled edtech startup Byju's said on Monday that it has roped in Richard Lobo as an exclusive advisor for its human resources function.    The appointment follows up ......

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Another hurdle for Byju's as Aakash's minority stakeholders say no to share swap

TMT

01 August, 2023

Another hurdle for Byju's as Aakash's minority stakeholders say no to share swap

Private equity firm Blackstone and the Chaudhry family, the two minority shareholders in Aakash Educational Services Ltd (AESL), have declined ......

Peak XV to hold CEOs meet for first time after Sequoia split

Finance

31 July, 2023

Peak XV to hold CEOs meet for first time after Sequoia split

India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee companies next ......

Byju's 'regularly disregarded' former director's advice, says Prosus

TMT

25 July, 2023

Byju's 'regularly disregarded' former director's advice, says Prosus

Prosus NV, an investor in Indian educational technology startup Byju's, said on Tuesday the company's management "regularly disregarded advice" despite ......