Byju’s
General
Grapevine: Zepto, UpGrad in IPO news; Arya.ag in talks to raise funds
Zepto is set to file for a $500 million (Rs 4,513) initial public offer (IPO) as early as next week, ......
TMT
PhysicsWallah soars 45% in trading debut, notches $5 bn valuation
Shares of PhysicsWallah rose 45% in their trading debut on Tuesday, valuing the Indian edtech firm at $5.1 billion, as ......
TMT
Manipal Education to bid for bankrupt parent of ed-tech firm Byju's
India's Manipal Education and Medical Group said on Thursday it had submitted an expression of interest to bid for bankrupt ......
General
Grapevine: Manipal emerges sole bidder for Byju's parent; JSW to raise funds for AkzoNobel buy
Ranjan Pai’s Manipal Education & Medical Group (MEMG) has submitted an expression of interest to acquire assets of Think & ......
TMT
WestBridge-backed PhysicsWallah files for $437 mn IPO
Indian education technology platform PhysicsWallah has filed for an initial public offering worth 38.20 billion rupees ($437 million), draft papers ......
Consumer
Aakash Educational Services hits a wall in FY25 as enrolments slow and costs bite
Aakash Educational Services Ltd (AESL), the operator of one of India’s largest chains of coaching institutes, has recorded a drop ......
TMT
Byju's creditors force it to sell US units Epic and Tynker for dirt cheap
Beleaguered edtech Byju’s has been forced to sell its two US-based companies–reading platform Epic and kids coding platform–in a fire ......
Consumer
Ranjan Pai's Manipal Group set to gain majority stake in Blackstone-backed firm
Billionaire Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG), is likely to soon take a controlling stake in ......
Manufacturing
Supreme Court's reversal of $2.3 bn JSW-Bhushan deal casts shadow on bankruptcy law
A decision by India's Supreme Court to quash a $2.3-billion steel industry deal six years after an insolvency tribunal approved ......
Finance
Byju's Alpha sues Raveendran, wife, exec over alleged misappropriation of $533 mn
Byju’s Alpha, the Delaware-based special purpose finance vehicle of the embattled Indian edtech company Byju's, has filed a lawsuit against ......