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Byju's test prep unit Aakash loses two more board members

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10 July, 2023

Byju's test prep unit Aakash loses two more board members

Two independent directors of Byju’s subsidiary Aakash Educational Services Ltd have resigned from the test prep firm's board, two people ......

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Byju's IPO-merger conundrum over Aakash a flashpoint with Blackstone, Chaudhry

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28 June, 2023

Byju's IPO-merger conundrum over Aakash a flashpoint with Blackstone, Chaudhry

Byju’s, which was until recently the most valued Indian startup and the biggest in the global edtech domain, is not ......

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Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns

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27 June, 2023

Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns

Beleaguered edtech unicorn Byju’s, which is fighting on multiple fronts over lapses related to regulatory compliance, valuation markdowns and debt defaults, now ......

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How India's highest-paid startup founders busted ‘pay and perks' records in FY22

People

26 June, 2023

How India's highest-paid startup founders busted ‘pay and perks' records in FY22

Year 2021 was not just a period of excess in terms of venture capital investors falling over each other to ......

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Deals Digest: Total funding slips again but Ozone, Course5 get big cheques

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09 June, 2023

Deals Digest: Total funding slips again but Ozone, Course5 get big cheques

The total value of private equity and venture capital deals in India took a hit again this week from the ......

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Grapevine: Goldman Sachs eyes healthcare bet; Waterfield plans new fund-of-funds

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09 June, 2023

Grapevine: Goldman Sachs eyes healthcare bet; Waterfield plans new fund-of-funds

Goldman Sachs is in advanced talks to invest in a Sequoia-backed healthcare company, focused on nephrology, neurology and critical-care segments, ......

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BlackRock cuts Byju's valuation as another investor marks it up

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30 May, 2023

BlackRock cuts Byju's valuation as another investor marks it up

BlackRock Inc., the world’s largest asset manager, has marked down the value of its stake in Byju’s but another public ......

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Leverage Edu in talks with global VCs to secure Series C cheque

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19 May, 2023

Leverage Edu in talks with global VCs to secure Series C cheque

Leverage Edu, an overseas-focused higher education counselling platform run by Leverage EdTech Pvt Ltd, is in discussions with a clutch ......

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Grapevine: Byju's US arm accused of hiding $500 mn; Infibeam unit plans listing

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19 May, 2023

Grapevine: Byju's US arm accused of hiding $500 mn; Infibeam unit plans listing

Lenders have accused Byju’s US-based entity of hiding $500 million as part of a fight between creditors and the edtech ......

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Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

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09 May, 2023

Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

Allianz Real Estate and Shapoorji Pallonji Group, which had bought Hyderabad office complex WaveRock for $250 million in 2019, is ......