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Tuesday, October 28, 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

Takaichi channels Abe & wins over Trump

Trump calls Takaichi 'one of the greatest prime ministers' & offers her 'anything you want'.

Mumbai’s been driving India’s data centre market, but water shortage, power demand pose risks

According to a report by Macquarie, India’s data centre market is estimated to double by 2027. India currently has 1.4 gigawatts of operational data centre capacity.

Navy Chief calls for collective solutions to maritime challenges in ‘complex & dynamic’ Indo-Pacific

At 11th edition of Indo-Pacific Regional Dialogue in New Delhi, Navy Chief Admiral Dinesh K Tripathi said there are three major currents shaping this maritime 'dynaxity'.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.