Byju’s India CEO Arjun Mohan resigns: BYJU’S CEO Arjun Mohan has resigned from his post after serving for almost seven months. This news was confirmed by Mohan himself from FE Education. Founder BYJU’S Raveendran will now take responsibility for the daily operations of the edtech company. Mohan will now take on the role of an … Read more
Byjus Layoffs: Edtech company Byju’s, which is facing financial problems, was earlier paying salaries to its employees late. However, now it is being told that the company has shown the way out to about 500 employees by making just one phone call. According to media reports, this tough decision has been taken by the company … Read more
Byju’sByju’s Founder Ravindran (Raveendran)’s problem is showing no sign of abating. Recently, he had raised funds by mortgaging houses and immovable properties owned by his family members to pay salaries. After this, in January his company reached number one in the list of the country’s most loss-making startups. According to Reuters report, now in the … Read more
BYJU’s Loss: The troubles of Byju’s, which was once among the largest start-up companies in the country, are not ending. Recently, Byju’s founder Byju Raveendran (BYJU’S Founder Raveendran) had recently raised funds by mortgaging houses and immovable properties owned by their family members to pay salaries. But now due to the losses incurred by the … Read more
Challenge will be met with hope in 2024 Startups with sustainable business models as well as well-capitalized startups are expected to overcome the current turmoil. 2024 can be a ray of hope as well as ‘challenging’ for them. According to venture capital firm Lightspeed, a two-year high or low cycle does not really affect companies … Read more
Why Byju’s Failed: The financial crisis is deepening on Indian startup and education-technology platform Byju’s. It is being told that the owner of the company had to mortgage his house. Education-technology platform Byju’s, which is going through a financial crisis, is in the process of raising debt of Rs 600-700 crore to finance the company’s … Read more
Will take care of the vendor’s responsibility Experienced finance professional Ajay Goyal has returned to Vedanta Limited after resigning from BYJUs. He will again take charge of the post of Chief Finance Officer (CFO). He returns to Vedanta at a time when the mining group, controlled by Anil Agarwal, is moving towards an ambitious business … Read more
Education technology company Byju’s is planning to sell its foreign units Epic and Great Learning to repay its entire debt of $ 1.2 billion. A source gave this information today. Informed sources said Byju’s has been in touch with its lenders and has proposed to them to repay their entire loan through the sale of … Read more
Indian Cricket Team Sponsor:Fantasy platform on Team India jersey soon dream11 logo will appear. Actually, BCCI had issued a tender for this on June 14. According to media reports, now BYJU’S has been replaced by Dream 11 as the sponsor of Team India. This contract between Dream XI and BCCI is for the next 4 … Read more
Byju’s Aakash IPO: Byju’s, a leading company in the education technology sector, is preparing to bring the initial public offering (IPO) of Aakash Education Services Limited by the middle of next year. The company gave this information on Monday. Aakash Education provides preparation for competitive exams. Byju said that the income of Aakash Education Services … Read more