Page 13 - Byju Raveendran

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

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

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

With a loss of Rs 4,588 crore, Byju's FY21 report card has many red marks

The FY21 revenue figure of Rs 2,428 cr is similar to the revenue figure of Rs 2,434 cr in the previous year, though the difference is that the bottom line in 2019-20 showed a profit of Rs 51 cr

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

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 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

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

BYJU's faces litmus test as edtech bubble bursts in India

As India reopens amid 'hybrid normal' and schools and colleges return to normal, edtech platforms see a significant dip in the demand for online learning

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

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