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Grapevine: Byju's may need Epic sale funds for own ops; Bira91, MoveInSync eye funding

General

05 December, 2023

Grapevine: Byju's may need Epic sale funds for own ops; Bira91, MoveInSync eye funding

Cash-strapped edtech firm Byju's may use a portion of the funds it intends to generate by selling US-based unit Epic ......

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How Byju's stacked up against Unacademy and other edtech unicorns in FY22

TMT

06 November, 2023

How Byju's stacked up against Unacademy and other edtech unicorns in FY22

Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......

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Grapevine: Byju's, Hinduja Group in M&A news; General Atlantic sole bidder for hospital chain

General

20 October, 2023

Grapevine: Byju's, Hinduja Group in M&A news; General Atlantic sole bidder for hospital chain

Byju’s founder and chief executive officer Byju Raveendran and advisers are in talks with global private equity players for the ......

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Grapevine: Ranjan Pai likely to invest in Byju's arm; AIMCO in fray for AB Group's green business

General

12 October, 2023

Grapevine: Ranjan Pai likely to invest in Byju's arm; AIMCO in fray for AB Group's green business

Ranjan Pai, chairman of Manipal Education and Medical Group, is looking to invest in a subsidiary of edtech unicorn Byju’s, ......

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Great Learning founders look to buy firm back from Byju's

Finance

05 October, 2023

Great Learning founders look to buy firm back from Byju's

The founders of Great Learning are trying to line up investors to buy back the online education provider from Byju’s, ......

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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 ......

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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 ......

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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 ......

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Grapevine: Creador eyes NBFC; Byju's to tweak loan terms

General

24 July, 2023

Grapevine: Creador eyes NBFC; Byju's to tweak loan terms

Creador, the South and Southeast Asia-focused private equity firm founded by former ChrysCapital partner Brahmal Vasudevan, is in advanced discussions to invest in an ......

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Deals Digest: Maxivision gets PE backing; LetsTransport, Zluri get big VC cheques

TMT

14 July, 2023

Deals Digest: Maxivision gets PE backing; LetsTransport, Zluri get big VC cheques

Private equity and venture capital dealmaking continued an upward trend for the second consecutive week on the back of a ......