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Byju's seeks to terminate jersey sponsorship deal with BCCI; kit sponsor MPL also wants to exit
In June, Byju’s had extended its jersey sponsorship agreement with the Board until November 2023 for an estimated $35 million. Byju’s now wants to terminate its agreement with the BCCI, who have asked the company to continue at least until March 2023.
NCPCR summons Byju’s CEO for allegedly threatening parents to buy courses, details here
Some parents tried to grab the attention of Byju’s higher authority regarding the malpractice. However, the officials did not put their ears to it, as stated by the child rights panel
YouTube set to enter the Indian EdTech space with a new service, to take on Byju’s, Unacademy
In a move that may shake up the Indian EdTech sector for good, YouTube is set to start its own educational service called Courses, and take on companies like Byju’s and Unacademy.
Vedantu fires 385 employees in third round of layoffs this year; all you need to know
In the third and most recent round of layoffs, 385 people from sectors like sales, human resources and learning content verticals were laid off, bringing the total workforce, including contractual employees down from 5,600 to 3,300
Byju's raises $250 million from existing investors in fresh funding round
The company last week announced its path to profitability whereby it will consolidate all its K10 India subsidiaries into one unit to leverage their synergies. The move will lead to the lay-off of about 2,500 people across roles
Byju’s to fire 2,500 employees in next six months as it chalks out plan to become profitable
Byju’s co-founder Divya Gokulnath told PTI that the company will start focussing on building brand awareness overseas through new partnerships and hire 10,000 teachers for India and overseas business
After 18 months delay, BYJU's is all set to issue its financial report for FY21
Last valued at $22 billion, the company had registered a revenue of Rs 2,434 crore and a net profit of Rs 51 crores in its FY20 financial report
Celebrating teachers' day in an era of online edition
During the pandemic-induced school shutdowns, the Government of Andhra Pradesh launched various initiatives to ensure educational continuity for all students in the state
Government keeping a close eye on Byju’s after delays in tax filings: Report
India’s most valuable startup Byju’s is under scrutiny from the Ministry of Corporate Affairs after the company had a 17-month delay in filing its audited accounts for FY21
Byju's allegedly owes ₹86.21 crore to BCCI, Paytm wants to exit as title sponsor
While Byju's has denied any amount due to the BCCI, Paytm has requested a transfer of the Title Rights to Mastercard.
No IPL sponsorship, no free meals, salary cuts: What’s going on at Unacademy?
The move comes even as the firm is eyeing a potential IPO sometime in the next two years and in the backdrop of the start-up sector seeing more than 12,000 lose their jobs in 2022 with edtech firms at the forefront of slashing payroll
Byju's acquires Aakash, completes payment of $800 million
Talking about lay-offs at the company, the statement said that the decision has been made to improve business efficiencies throughout the Byju's and its group companies
Tough lessons: Are Byju’s mass layoffs a sign of trouble for India's edtech sector?
In a post-pandemic world, where edtech companies are struggling to survive, Byju's has laid off at least 1,500 employees. While the company disputes the numbers, it says the move is part of its efforts to 'optimise' teams
Unacademy and its founder Gaurav Munjal’s unquenchable and aggressive quest for growth
Munjal’s approach of prioritising growth over culture, setting valuation benchmarks internally and leading what some consider an opulent lifestyle is from the startup playbook
Byju's CEO Byju Raveendran pumps 50% of $800 million in latest fundraise
The company has raised fresh funds at an enterprise value of $22 billion, which has increased by about 22 per cent from the last disclosed valuation of $18 billion.
As Aryan Khan's drug case goes on, Shah Rukh Khan's brand value persists
Cadbury's Diwali ad is the first major campaign by Shah Rukh Khan after his son Aryan Khan was arrested by the authorities in the drugs case. He is also back in the ads of Vimal Pan Masala, LG Electronics, and Byju's.
News18 Network launches the search for India’s next child prodigy with BYJU’S Young Genius season 2
We’ve all had one moment in our lives where we desperately wished we were smarter in one way or another. It may definitely be convenient in everyday life to be some kind of genius.
Indian edtech startups received over $2.22 billion funding in 2020 as compared to $553 million in 2019
The report states that the Indian subcontinent is one of the largest markets for education with 360 million learners in FY20.
BYJU’S Young Genius Is Looking for Young Prodigies from Across India
A News18 Initiative to showcase, recognize and inspire young geniuses across different fields.
BYJU’S Young Genius Is Looking for Young Prodigies from Across India
A News18 Initiative to showcase, recognize and inspire young geniuses across different fields.