What Happened To Byjus Deal
EXPLAINED: WHAT IS WRONG WITH INDIAN ED-TECH STARTUP …
Jun 28, 2023 MMA Striker. Byju's- a prominent Indian education technology startup- is facing a slew of problems. On Tuesday (June 27), a Delaware court rejected a request by Byju's Term Loan B lenders to probe into a $500 million transfer from … ...
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WHAT WENT WRONG WITH BYJU'S, WHICH WAS ONCE VALUED AT $22 …
Feb 7, 2024 The Fall. The meteoric rise of Byju's eventually gave way to a tumultuous fall. After a rapid expansion during the Covid pandemic, Byju's has … ...
Author Abhimanyu Kulkarni
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Get CodeMYSTERY BEHIND BYJU'S ‘HIDDEN’ $533 MILLION: HERE'S WHERE IT'S TIED UP
1 day ago However, a web of financial mismanagement and court proceedings traced a hefty sum of $533 million to Byju's, tied up in an offshore account, … ...
STRUGGLING INDIAN EDTECH BYJU'S PROPOSES TO REPAY $1.2 BILLION LOAN ...
BENGALURU, Sept 11 (Reuters) - Indian edtech startup Byju's, which is grappling with multiple legal and financial woes, has proposed to repay its entire $1.2 billion … ...
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Get CodeEXPLAINER: TOP INDIAN STARTUP BYJU'S BATTLES AUDITOR …
MUMBAI, June 23 (Reuters) - Education technology giant Byju's, one of India's biggest startups valued at $22 billion last year, has run … ...
Author M. Sriram
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LENDERS BEGIN BANKRUPTCY PROCEEDINGS AGAINST INDIA'S BYJU'S
BENGALURU, Jan 25 (Reuters) - A group of lenders said on Thursday that it had started bankruptcy proceedings against the holding company of Byju's, as the … ...
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Get CodeINSIDE BYJU’S DEAL MACHINE—THE STRATEGY, APPROACH AND …
Aug 18, 2021 Moneycontrol takes a closer look at Byju’s acquisition strategy, the elements it looks for in a potential target and the learnings secured, to gain … ...
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Get CodeBYJU'S: THE UNRAVELLING OF INDIA'S MOST VALUED START-UP
9 July 2023. By Meryl Sebastian BBC News. Getty Images. In 2018, Byju's became a unicorn valued at $1bn. Byju's, once among the most valued edtech start-ups in the world and a darling of... ...
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Get CodeDOUBTNUT, ONCE OFFERED A $150M DEAL BY BYJU’S, SELLS FOR …
Dec 4, 2023 The two firms confirmed the deal on Monday, but declined to share financial terms of the acquisition. Seven-year-old Doubtnut, […] ...
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HOW BYJU’S BECAME THE WORLD’S LARGEST ED-TECH COMPANY …
Sep 3, 2021 business acquisition. How Byju’s became the world’s biggest ed-tech company during the Covid-19 pandemic. In the last year, the Indian unicorn has … ...
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Get CodeBYJU'S CRISIS EXPLAINED: WHY EDTECH FIRM IS WITNESSING FINANCIAL ...
(Bloomberg) The investors and CEO continue to be at a standoff as Byju's is currently facing a lawsuit in the United States disputing terms and payment of a loan. The … ...
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Get CodeTHE DOWNFALL OF BYJU'S: HOW THE WORLD’S MOST VALUABLE LEARNING …
Jan 11, 2024 Synopsis. The group is facing an acute liquidity crunch. Amid mass layoffs and deep losses, the former billionaire founder has sold his homes to pay … ...
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Get CodeBYJU'S HAVE TO PAY RS 2,000 CRORES TO CLEAR AAKASH ACQUISITION …
ANI. Updated on : 15 Sep 2022, 1:34 pm. 2 min read. NEW DELHI: Edtech major BYJU's is set to pay the remaining amount of nearly Rs 2,000 crore to VC firm … ...
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WHY TOPPR HAD TO SELL TO BYJU’S — THE INSIDE STORY - MONEYCONTROL
Mar 1, 2021 This is the story of how Toppr was gobbled up by Byju’s, pieced together by weaving disparate strands from investors, competitors, people inside … ...
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Get CodeBYJUS IPO: BYJU’S CLOSES $800 MILLION PRE-IPO FUNDRAISE AT A …
Mar 11, 2022 Bengaluru: Byju’s has raised $800 million in fresh funding as part of a pre-IPO round, the education technology firm said on Friday. Founder and chief … ...
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Get CodeBYJU'S PUSHES BACK PAYMENTS FOR BILLION-DOLLAR AAKASH DEAL
Jun 28, 2022 Edtech unicorn Byju’s has delayed payments to Aakash Educational Services Ltd (AESL), which it acquired in a cash and stock deal in April last year, … ...
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Get CodeFROM LAYOFFS TO LEGAL HURDLES: WHAT’S GOING ON AT BYJU’S?
New Delhi, UPDATED: Jun 30, 2023 14:12 IST. In Short. Layoffs and challenges plague edtech giant Byju's. Byju's faces investigations, board exits, and valuation … ...
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BYJU’S-AAKASH BATTLE OVER SHARE SWAP DEAL: WHAT HAPPENS …
Aug 1, 2023 SUMMARY. Back in 2021, BYJU’S acquired Aakash Educational, the chain of physical coaching centres for competitive exams such as NEET and IIT … ...
BYJU'S PAYS $234 MILLION TO BLACKSTONE RELATED TO AAKASH DEAL
Sept 23 (Reuters) - India's Byju's has paid 19 billion rupees ($234 million) to Blackstone Inc , settling its dues owed to the private-equity firm as part of a $950 … ...
BYJU'S AAKASH DEAL: BYJU'S ACQUIRES AAKASH EDUCATIONAL SERVICES …
Apr 5, 2021 Byju’s is acquiring tutorial chain Aakash Educational Services Ltd (AESL) in a cash and stock deal estimated at $950 million, sealing its largest … ...
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Get CodeLEGAL BATTLES, LAYOFFS, AND BIG EXITS: WHAT IS HAPPENING AT BYJU’S?
Jul 31, 2023 Byju’s, the ed-tech company, once hailed as the biggest and most successful startups in the country, now finds itself in a tangled mess of layoffs, … ...
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WHY INDIA'S BYJU'S ACQUIRED WHITEHAT JR, GREAT LEARNING AND EPIC …
Sep 1, 2021 A wider online education net. Image: Reuters/Amit Dave. By. Ananya Bhattacharya. Published September 1, 2021. An Indian ed-tech unicorn has … ...
Category: Online
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Get CodeBYJU'S FACES FINANCIAL CONTROVERSY AS INVESTORS SEEK 'MISSING' …
1 day ago AA. Follow us. Indian edtech major Byju's is facing a financial controversy as a US court hearing approaches to determine the whereabouts of $533 million … ...
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Get CodeBYJU’S TO ACQUIRE AAKASH EDUCATIONAL SERVICES LIMITED (AESL)
Bengaluru/ New Delhi, 5th April, 2021: BYJU’S, world’s leading ed-tech company today announced its strategic partnership with Aakash Educational Services … ...
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Get CodeHONEY, I INSIDER-TRADED YOUR MERGER - BLOOMBERG
Feb 26, 2024 Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, … ...
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BYJU’S TO ACQUIRE AAKASH IN $1-BN ‘STRATEGIC’ DEAL - THE HINDU
Apr 5, 2021 Special Correspondent. COMMents. SHARE. READ LATER. Edtech platform BYJU’S on Monday entered into a strategic partnership with test … ...
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Get CodeWILL AI INCREASE INEQUALITY? MAYBE NOT | FORTUNE
1 day ago As a result, the premium paid to experts skyrocketed, and inequality increased. But AI offers a way to expand decision-making expertise. It enables a … ...
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