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Wednesday, August 20, 2025
TopicByju

Topic: Byju

Byju’s shareholders vote to remove CEO & family, company calls vote invalid

Vote was passed in extraordinary general meeting called by investors, which Byju's has called invalid but HC had refused to stay.

Struggling edtech Byju’s proposes to repay $1.2 billion loan, reports Bloomberg News

The company is offering to repay $300 million in the next 3 months, if its offer is accepted by lenders, and the remaining amount in the following 3 months, Bloomberg said.

Byju’s ‘regularly disregarded advice’ of our former director, says investor Prosus

Byju's, once India's most valuable startup, has seen its auditor Deloitte and multiple investor board members resign in recent weeks.

Ministry of Corporate Affairs orders inspection into Byju’s account books, reports Bloomberg

Troubles have been mounting for the edtech company, with the company falling behind in payments to a national pension fund.

India’s Edtech giant Byju’s under fire after three board members and auditor quit

By M. Sriram MUMBAI (Reuters) - Education technology giant Byju's, one of India's biggest startups valued at $22 billion last year, has run into problems, from lawsuits and auditing issues to layoffs

Corporate affairs ministry ordered inspection of Byju’s last week, reports CNBC-TV18

The ministry is taking cognizance of various corporate government lapses at the education start-up, said the news channel. 

Byju’s announces Lionel Messi ambassador for ‘Education for All’ initiative

Edtech firm Byju’s engagement with Messi will enhance the firm's visibility overseas as football has roughly 3.5 billion fans worldwide, and the Argentine has nearly 450 million social media followers.

Byju’s makes another acquisition — kids’ reading app Epic for $500 mn to expand in US

Epic will become the third major business in the US for Byju’s, which already offers online tutoring via Byju’s Future School, and bought reality games creator Osmo two years ago.

Byju’s to become India’s most valuable startup after $150 million USB Group funding

An entity that is part of UBS Asset Management is making the investment. Talks are on to invest additional money, which would take its total investment in Byju’s to about $300 million.

Byju’s raises $1 billion from Facebook co-founder Eduardo Saverin’s company, others

The infusion that values the online-lessons platform Byju's at about $15 billion is among the largest recent capital increases in India.

On Camera

India’s amphibious operations depend on contingencies. Can the Armed Forces adapt?

The declassified doctrine outlines the framework for planning and execution of amphibious operations by integrating maritime, air and land domains.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

China pushes for separation of border issue from larger bilateral ties at 24th round of talks with India

New Delhi: Chinese Foreign Minister Wang Yi Tuesday pushed for a “dual-track” progress for ties with India, separating economic ties from the boundary question,...

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?