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Sunday, April 5, 2026
TopicByju

Topic: Byju

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.

Byju’s buys medical, engineering entrance coaching leader Aakash in mega deal

Aakash has more than 215 test prep centers, which coach 250,000 high-schoolers and prepare them for the ultra-competitive engineering and medical entrance tests in India.

On Camera

Iraq’s long road to FIFA World Cup qualification is a story of survival, defiance

Historically, football has been used as a lens through which political anger, identity, and resistance come into focus. From Mohun Bagan to Didier Drogba’s Ivory Coast, this claim can be easily cemented.

What to expect from China’s new 5-year plan—trade innovation, tensions with partners

ASEAN is struggling against a flood of 'underpriced Chinese goods', while Brazil has imposed anti-dumping duties on Chinese steel.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.