BYJU's India CEO Arjun Mohan exits; Raveendran to lead daily operations
BYJU'S also initiates consolidation of its businesses into three focused divisions - The Learning App, online classes & tuition centres, and test-prep
BYJU'S also initiates consolidation of its businesses into three focused divisions - The Learning App, online classes & tuition centres, and test-prep
"If you don't learn from those who came before you, you will make mistakes and I think, Byju's is that mistake," says Rajeev Chandrasekhar.
BYJU’s says since this is the first year where new revenue recognition started because of a COVID-related business model change, almost 40% of its revenue was deferred to subsequent years.
Conversations with the start-up’s past and present employees indicate that certain business verticals may be staring at a subdued growth.
Karti Chidambaram raises concerns over three instances related to Byju’s, including two funding rounds and a delay in furnishing financial statements for FY21
India's most valued startup and edtech leader Byju's has of late been caught in a maze of dispiriting occurrences.
Founder & CEO Byju Raveendran has invested $400 million in this round in his personal capacity. Co's total fund tally now stands close to $5 billion.
Deal value pegged at around $100 million; GeoGebra to continue as an independent unit within Byju’s.