Page 13 - Latest Updates on Byju Raveendran
Edtech major Byju's Rs 1,500-cr payment to Blackstone by September-end
The most-valued edtech start-up made headlines earlier this month after its FY21 numbers received an unqualified report from the company's auditor, Deloitte Haskins & Sells
 "Edtech major Byju's Rs 1,500-cr payment to Blackstone by September-end")
Top Headlines: Byju's focus on profit; YES Bank sells stressed loans
After reporting a loss of Rs 4,588 crore in 2021 fiscal, Byju Raveendran, the founder and CEO of the world's most valuable edtech firm Byju's, has told employees
 "Top Headlines: Byju's focus on profit; YES Bank sells stressed loans")
Byju's focusing on profitable growth, $2 bn revenue in sight: CEO to staff
Byju's, which is valued at $22 billion, said last week it had earned Rs 2,428 crore in revenues in FY21 and incurred a loss of Rs 4,588 crore
 "Byju's focusing on profitable growth, $2 bn revenue in sight: CEO to staff")
Did Byju's bite off more than it could chew?
Education technology company Byju's FY21 revenues came in flat, and its losses have widened about 20 times. While it may survive this crisis, questions still remain around the future of the unicorn
 "Did Byju's bite off more than it could chew?")
TMS Ep261: BYJU's revenue, D2C brands, consumer financiers, Project Cheetah
Did BYJU's bite off more than it can chew? What explains the great Indian brand rush? Is it the right time to invest in consumer financiers? What is Project Cheetah? Answers here
 "TMS Ep261: BYJU's revenue, D2C brands, consumer financiers, Project Cheetah")
Deloitte sought two key changes to Byju's FY21 financials: Report
In the results, declared on Wednesday after a delay of over 18 months, Byju's recorded a revenue of Rs 2,280 crore. The loss for FY21 stood at Rs 4,500 crore
 "Deloitte sought two key changes to Byju's FY21 financials: Report")
With a loss of Rs 4,588 crore, Byju's FY21 report card has many red marks
Raising hopes for the subsequent year, 2021-22, the company disclosed unaudited results that show nearly Rs 10,000 crore in gross revenues
We are being penalised far more than we should have been: Byju Raveendran
In growing fast, we would have overlooked a few things and that's why we are being penalised a lot more than we should have been
 "We are being penalised far more than we should have been: Byju Raveendran")
Byju's audited revenue expected to be lower than projected numbers
Byju Raveendran, co-founder and the CEO of the unicorn, has briefed the shareholders and the board members about the difference
Fund-raising drive on track, majority of the $800 mn received, says Byju's
The firm said its payments to education firm Aakash for a $1-billion deal struck last year have concluded and the audited financial results will be out in 10 days
Byju's clears $950-mn payment to Aakash, completes $800-mn fund raise
Byju's founder and CEO Byju Raveendran has made a personal investment of $400 mn of the total $800 mn raised in the latest funding round by the edtech company
Krishna Vedati named as Byju's president for global growth and strategy
He will report to co-founder and CEO Byju Raveendran and join the company's executive committee
Byju's CEO set to focus on global biz, COO Mrinal Mohit to handle India mkt
BYJU'S in March announced a new partnership with QIA, the sovereign wealth fund of Qatar, to launch a new edtech business and state-of-the-art research centre in Doha
 "Byju's CEO set to focus on global biz, COO Mrinal Mohit to handle India mkt")
Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global
Founder may look at the US and Middle East, has been meeting investors and potential acquisition target firms there, say sources
 "Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global")
Byju's raises $200 mn in fresh funding; valuation surges to $12 bn
BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising
How Byju's learnt its way into 'Deccacon' club through the pandemic
Byju Raveendran leveraged the lockdown and related restrictions to strengthen and expand his edtech company into the 'Deccacon' club
Marico chief Harsh Mariwala is the EY Entrepreneur of the Year
Mariwala will represent India at the EY World Entrepreneur of the Year Award to be held in June
 "Marico chief Harsh Mariwala is the EY Entrepreneur of the Year")
Byju's in talks to raise up to $700 mn, valuation may cross $15 bn
The funding is expected to help Byju's to fund its acquisitions, including the up to $700 million deal to buy Aakash Educational Services, according to sources
The rise & rise of Byju's: The edtech startup's journey explained
In this podcast, we explained the reasons behind Byju's rapid surge in valuation and funding and company's future plans to tap global markets. Tune in
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