Wednesday, 6 July, 2022
TopicByju

Topic: Byju

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

Saritha Rai -
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

Saritha Rai -
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

Saritha Rai -
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

Saritha Rai -
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.

Pushy Indian parents now have a new goal for six-year-olds — coding

Rachel John -
Indian parents can put tiger-moms and soccer-moms to shame.

After Byju’s, Unacademy scores big, gets $150 million funding at $1.45 billion valuation

Saritha Rai -
Bangalore-based Unacademy has made a mark for itself in test preparation by offering lessons on everything from civil service and banking to programming languages.

Byju’s set to get $400 million funding from Russian-Israeli billionaire Yuri Milner

Saritha Rai -
The deal could be signed as early as this weekend and values Byju’s at $10.5 billion, making it India’s second-most valuable start-up after Paytm.

Covid-19 lockdown is stressful enough. Don’t push yourself to excel in BYJU’S and Duolingo

Shubhangi Misra -
People are trying new things during the Covid-19 lockdown but it is a problem if they pressure themselves to master those hobbies in these stressful times.

Byju, Swiggy, Zomato, PhonePe, Myntra expected to do IPOs in next few years: Mohandas Pai

Abhishek Vishnoi -
Mohandas Pai, head of SEBI panel on primary markets & financial technology, said 10-15 internet & tech firms are looking to list over next 3 years.

Byju’s valuation more than doubles to $3.6 billion after new funding

Saritha Rai -
Education startup Byju's helps students from kindergarten to year 12, typically attracting people with limited access to good teachers.

On Camera

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Opinion

(L-R) Joe Biden, Xi Jinping, and Narendra Modi | ThePrint

India has interests on both sides of US-China divide. Cold War holds clues for path ahead

Lt General Prakash Menon -
India’s strategic balance is weighted towards the West and its economic balance is towards China. But it needs more to build a multipolar world order.
The Supreme Court of India | Manisha Mondal | ThePrint file photo

What India—Hindus and Muslims—missed in Supreme Court’s ‘lecture’ on Nupur Sharma

Photo of Malabar pit viper and gliding frog in Maharashtra's Cherrapunji' | Nachiket Awadhani/Environmental Conservation Organisation NGO

‘To live is to kill’ — a Malabar pit viper and gliding frog affirm nature’s basic law

Economy

Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

Sayantan Bera -
The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

Army puts out tender for 30k ‘night sights’ so its US-made assault rifles can aim better in dark

Raghav Bikhchandani -
While an open tender has been issued for procurement of the optical instruments, Bengaluru-based firm Tonbo Imaging, whose services the Army has previously used, is a frontrunner.

National Interest

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

Shekhar Gupta -
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.

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