Byju’s misses revenue projection in much-delayed financial account

Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022 stood at $429.18 million, making it clear that the most valuable Indian startup has missed the unaudited $1.25 billion revenue it projected for the group a year ago. Byju’s also missed its revenue […]

Nov 4, 2023

Byju’s has raised $250 million in fresh funding and is close to securing an additional $700 million, two people familiar with the matter told TechCrunch, as the Indian edech giant builds up its war chest ahead of the highly-anticipated IPO of its subsidiary Aakash. The New York-headquartered investment firm Davidson Kempner has invested $250 million […]

May 12, 2023

Indian edtech giant Byju’s said on Thursday the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition or merger, refuting a media report at a time when weakening global market conditions have sparked several consolidation plays in the industry. Indian news outlet MoneyControl reported earlier that Byju’s physical […]

Mar 23, 2023

Indian edtech giant Byju’s said on Thursday the firm and any of its subsidiaries are not engaging with rival Unacademy to explore an acquisition or merger, refuting a media report at a time when weakening global market conditions have sparked several consolidation plays in the industry. Indian news outlet MoneyControl reported earlier that Byju’s physical […]

Mar 23, 2023