BlackRock cuts BYJU’s valuation to $1 bn
It’s around a 95% drop in the valuation of a company valued at $22 billion in early 2022
byjus financials
January 2024
November 2023
October 2022
Byju’s denies receiving ED notice amid ₹9,000 cr FEMA violation row
Ed-tech major has reportedly received ED notice under FEMA violations worth ₹9,000 cr; ED yet to officially issue a statement on the matter
Byju’s standalone loss surges to ₹2,702.14 cr in FY21
Byju's standalone income, which comprises its K-12 business, stood at ₹1,551.64 crore in FY21, while it reported a massive jump in expenditure at ₹4,253.78 cr.
Amid massive job cuts, Byju's raises $250 mn from existing investors
Ed-tech major Byju's says it has adopted a "three-pronged" approach to achieve its plan of group-level profitability by March 2023.
