inc4211mon
BYJU’s Acquisition Spree: A Costly, Deadly Gamble
Anyway, a comparison of BYJU’S and Apple’s acquisition strategies is warranted. Except for Beats (a $3 Bn acquisition), most of these deals by Apple were simply small acqui-hires or technology ...
inc424y
How BYJU’S Is Leveraging Acquisitions To Build An Edtech Empire
BYJU’S has acquired coding platform WhiteHatJr for $300 Mn in a bid to expand its product offering and widen base in the US With five acquisitions, all edtech startups with niche offerings ...
Mint Explainer: The Aakash feud—Manipal vs Blackstone and the fight for control
At stake is Aakash’s governance and future funding, as its Articles of Association become the centre of a high-stakes legal ...
Byju’s Manager, Business Partner Found in Contempt of Court (1)
A top executive of troubled Indian tech firm Byju’s and an ally of the company’s founder were found in contempt of court and now face financial sanctions of $25,000 a day for refusing to comply with a ...
The Art of a Good Unicorn | Interview: ‘BYJUs is a telling example of how not to do things in a startup’
India ranks as the third-largest startup ecosystem globally, yet many founders overlook the importance of corporate ...
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Top 5 reasons for the downfall of Byju’s: From $22 billion to less than $3 billion in just one year
Report Byju's rembarked on an acquisition spree of both domestic as well as international competitors right after the pandemic-induced online learning boom, in a quest to expand their offerings.
Business Today1y
Byju's stands at the edge of a precipice: Can the edtech major reclaim its lost glory?
It is very unusual for a company of Byju’s scale not to have a CFO, especially when it raises truckloads of capital and makes big-ticket acquisitions. “No one knows what the real numbers are ...
Business Insider India2y
Byju's says Aakash acquisition on track after reports that it has failed to pay up
Edtech giant BYJU 's on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August. BYJU's acquired Delhi-based ...
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Byju's: From $22 billion valuation to zero
Blackrock slashed Byju’s valuation by 95%, highlighting the severity of its financial woes. The company's acquisition of Aakash institutes, turned sour as Byju’s lost majority control.
Business Today1y
From mounting debt, funding crunch to court battles and more: All that troubles Byju's
Aakash Educational Services is the only one among the group entities of Byju’s that is profitable. Byju's kept Aakash shares as collateral for its Davidson Kempner AMC loan, and in case they ...
Business Insider India2y
BYJU’s comes under govt scrutiny for not filing financial data for FY21
So far, BYJU's has raised over $6 billion in funding, and aims to file an IPO in the US through the Special Purpose Acquisition Company (SPAC) route. The company is also reportedly in talks to ...
Forbes India2y
'Byju's app self-learns patterns as students spend more time on it'
Forbes India in conversation with Byju Raveendran, founder of Think & Learn Pvt. Ltd, on how Byju's — The Learning App — built continuity in an evolving mobile video market when connectivity ...