Page 15 - Byju's

Think and Learn presents edtech Byju's 3.0 proposal to investors at AGM

Byju's says FY22 earnings were approved at the AGM as well as the reappointment of BDO as the statutory auditors of the company.

Byju Raveendran said to have infused Rs 4,000 cr of own money in firm

'Rise and fight alongside me': Founder of beleaguered edtech company tells meeting of senior executives, says source

Byju's founder Raveendran pledges homes to raise funds for staff salaries

Two homes owned by Raveendran's family in Bengaluru, in southern India, and his under-construction villa in Epsilon, a plush gated community in the city, were offered as collateral to borrow $12 mn

BCCI seeks Byju's insolvency at NCLT over default in payment of Rs 158 cr

This new development comes months after Byju's announced that it plans to end sponsorship of the Indian cricket team jersey, as it focuses on profitability

Edtech company Byju's calls for AGM to approve audited FY22 financials

The company plans to discuss various topics including considering and adopting the audited standalone and consolidated financial statements of the firm for the financial year ended 31st March 2022

Byju's pays November salaries to 1,000 employees after 4-day delay

Cash-strapped edtech company says technical glitch led to 'limited employees' missing payments on Dec 1

Prosus marked down investment in Byju's, bring its valuation to below $3 bn

This is not the first time that Prosus has marked down its investments in the edtech firm

Queries received in ED's notice are solely technical in nature: Byju's

Byju's said the notice was sent on delayed annual performance reports related to overseas direct investments of Rs 8,000 crore

Prosus NV slashes edtech major Byju's valuation to under $3 billion

In November last year, Prosus first slashed the fair value of Byju's to $5.97 billion

Lessons from ED's crackdown on Byju's, Xiaomi to strengthen compliance

Experts are also of view that severe fines, penalties will push companies and startups to ensure their adherence to the regulatory framework when accepting foreign investments and issuing remittances

BCCI takes edtech major Byju's to NCLT over jersey sponsorship dispute

"We are in discussions with BCCI to settle the matter and we hope to achieve that soon," according to a Byju's spokesperson

Edtech major Byju's elevates Jiny Thattil to CTO as Anil Goel moves on

This transition is part of Byju's ongoing strategic restructuring and reorientation of its leadership team to further enhance operational efficiency

Byju's names Jiny Thattil as Chief Technology Officer, replacing Anil Goel

Jiny Thattil has previously worked at companies such as cred-owned Happay, Amazon, InMobi and GE Healthcare

Edtech firm BYJU'S appoints Jiny Thattil as Chief Technology Officer

Edtech firm BYJU'S on Monday said it has appointed senior vice president for engineering Jiny Thattil as its Chief Technology Officer. Thattil takes over from Anil Goel, who is leaving the company after three years as Chief Technology Officer (CTO). "We are delighted to promote Jiny Thattil as the CTO of BYJU'S. His extensive experience and leadership skills make him the ideal candidate for this crucial role as we continue to rebuild for greater efficiency and sustainability. We would also like to extend our heartfelt gratitude to Anil Goel for his exemplary work," BYJU'S India CEO Arjun Mohan said. This transition is part of BYJU'S ongoing strategic restructuring and reorientation of its leadership team to enhance operational efficiency, the statement said. With over 25 years of experience, Thattil has an understanding of diverse domains, including e-commerce, advertising, analytics, payments, online banking, personal finance, business intelligence, healthcare, and ...

Edtech major Byju's faces ED heat for Rs 9.4k crore 'forex violation'

Legal proceedings against the edtech firm have begun

Always been fully compliant with FEMA regulations: Byju's assures investors

The edtech giant has reached out to all its investors regarding an alleged show-cause notice issued by ED and assured them that the firm has not violated any foreign exchange rules

ED issues notice to Byju's for violation of forex rules, firm denies

The agency has alleged violations by the company worth Rs 9,000 crore ($1.1 billion) under the Foreign Exchange Management Act (FEMA), the television channel reported

Byju's ex-employees charge it of missing full and final settlement deadline

Edtech major BYJU'S former employees have alleged that the company has failed to meet the deadline for full and final settlement of laid-off workers. BYJU'S workforce has come down to 31,000-33,000 at group level from 50,000 in October 2022. "I am writing to bring to your attention that I have not received my Full and Final (FNF) payment within the specified timeframe of 45 days and it's about 90 days and I did not get proper resolve from separation team fnf team and all," a former BYJU'S employee wrote on a social media platform. When contacted, the employee claimed that full and final settlement of many employees whom he knows has not been settled yet. An employee sent out an email to several media persons claiming that he was promised by the HR manager at BYJU'S that he would be paid the September month salary along with one month's severance pay by October and later he got an email which deferred the date to November 17. The employee said that the payment is still getting ...

Life with Pai: What does Ranjan Pai's re-entry mean for Byju's and Aakash?

Given the past and the present, it was not a surprise that early this year Raveendran reached out to Pai and the outcome has been prompt

Edtech major Byju's loses unit in US, gains Ranjan Pai as an ally in Aakash

This gave the lenders, which include Redwood Investments LLC and Silver Point Capital LP, the right to replace Riju Raveendran, the founder's brother, from Alpha's board