Edtech giant Byju’s misses revenue projection in 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