Byju Raveendran’s net worth falls from $2.1 bn to zero
Once the poster boy of the Indian startup scene, Raveendran has been caught up in controversies over foreign funding, fund crunch, layoffs and legal tangles with investors
byjus valuation
April 2024
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BYJU’s to delay March salaries; blames ‘misguided’ foreign investors
BYJU's says these investors obtained court order that restricted use of funds raised through rights issue; assures employees could receive salaries by April 8
Byju's tried to grow too fast sans corporate discipline: Rajeev Chandrasekhar
"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.
Cash-strapped BYJU’s to raise $200 million via rights issue
Despite facing crises on various fronts, BYJU's founder says the start-up is now less than a quarter away from achieving operational profitability
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
Byju's valuation slashed to under $3 billion by Prosus
Prosus holds 9.6% stake in Byju's parent Think & Learn Pvt Ltd.
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
Rajnish Kumar, TV Mohandas Pai join BYJU'S advisory council
The council will play a pivotal role in advising and mentoring BYJU'S board and its CEO, Byju Raveendran, on crucial matters.
BYJU'S: Cloud Over IPO, Valuation
Auditor resignation brings more bad news for the edtech start-up.
Byju's valuation cut to $5 billion by Prosus
That's around 75% lower than Byju's staggering $22 billion valuation last year.
