Page 11 - Byju's

Byju's in talks to go public via SPAC deal, seeks $48-bn valuation: Report

The startup held talks with several potential SPAC partners and is farthest along in working out an agreement with Michael Klein's Churchill Capital

Top headlines: Byju's may go public; strike cripples banking services

Business Standard brings you the top stories on Thursday

Churchill Capital in talks with Byju's to provide $4 bn at $48 bn valuation

The edtech major has raised about $4.5 billion since it was founded 10 years ago

Byju's appoints ex-Kearney executive to lead edtech firm's learning centre

Bajaj will be responsible for development and expansion of Byju's Learning Centre, along with providing strategic business growth and thought leadership direction for the brand and the business

Byju's strengthens tech leadership; hires ex-Amazon and former Adobe execs

With two new appointments, the firm will further enhance its learning products, solutions, and experiences to help students take to learning more easily

Byju's to invest $200 mn in physical tuition centres over 12-18 months

Edutech firm Byju's plan to open 500 centres in 200 cities this year; enroll 1 mn students over 2 years

Whitehat's Trupti Mukker named COO for Byju's International business

In her new position, Mukker will oversee cross-functional operations and integration of multiple businesses as Byju's continues to expand globally.

Byju's CEO pumps 50% of $800 mn in latest fundraise; valuation tops $22 bn

In June 2021, Byju's became India's most valuable unicorn

Edtech company Byju's has to get $1.2-billion term loan rated by August

The company last year had exhausted its limit for corporate guarantees which are capped at $1 billion per year, primarily to fund acquisitions overseas

Byju's announced as an official sponsor of FIFA World Cup Qatar 2022

Byju Raveendran, Byju's founder, and CEO, said the company is excited to be sponsoring the FIFA World Cup Qatar 2022, the biggest single-sport event in the world.

Byju's in talks to acquire US target, likely to bid for Chegg or 2U

The Indian education pioneer is the country's most valuable startup, with a valuation of $22 billion

Byju's in talks with lenders for $1 billion to fund acquisition plans

The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said

Indian education sector biggest target of cyber threats, says report

The report also says that the adoption of remote learning during the Covid-19 pandemic, digitisation of education, and prevalence of online learning platforms are key triggers

Byju's names Amazon veteran VP tech as it scales up learning products

In his new role, Vedhanarayanan Ganeshkumar will also build and lead a talented team of engineers, software development managers, product managers, program managers

Edtech unicorns go hybrid to tap India's $180 billion education sector

Innovations and strategies in the works to build offline presence

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

Isha Vidhya, BYJU's join hands to educate children in rural areas

With the aim to empower and provide children across geographies with equal learning opportunities, BYJU's has collaborated with Coimbatore-based Isha Vidhya, a non-governmental organisation (NGO). Under the partnership, Isha Vidhya and BYJU's would provide digital learning tools to underprivileged children in Tamil Nadu and Andhra Pradesh. This initiative of BYJU's would make the nation known for high-quality school education that is accessible and affordable to all, especially children in rural areas, a press release said here on Sunday.

Byju's CEO raising $400 mn loan to invest in edtech giant's $800 mn round

Move is part of firm's confidence-building measure to show founder is bullish on the biz and help shore up investor interest, say sources

Byju's raises $800 mn in funding led by founder at $22-bn valuation

The investment comes at a time when the company is gearing to come up with its initial public offer in the next 9-12 months

Edtech firm Byju's plans to expand its free education programme

Edtech firm Byju's on Thursday said it will expand its free education programme to cover 1 crore students in rural and remote areas of the country by 2025.