In May 2021, Code.org announced the signing of a licensing agreement with WhiteHat Jr, which at that time was providing tutoring services to over 175,000 students worldwide
Shareholders call for board rejig so that they can have a bigger say in ops
Byju's gave this response when the NCLT inquired about the company's current status during the hearing of the insolvency plea filed by BCCI against the company
Byju's says FY22 earnings were approved at the AGM as well as the reappointment of BDO as the statutory auditors of the company.
'Rise and fight alongside me': Founder of beleaguered edtech company tells meeting of senior executives, says source
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
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
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
Cash-strapped edtech company says technical glitch led to 'limited employees' missing payments on Dec 1
This is not the first time that Prosus has marked down its investments in the edtech firm
Byju's said the notice was sent on delayed annual performance reports related to overseas direct investments of Rs 8,000 crore
In November last year, Prosus first slashed the fair value of Byju's to $5.97 billion
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
"We are in discussions with BCCI to settle the matter and we hope to achieve that soon," according to a Byju's spokesperson
This transition is part of Byju's ongoing strategic restructuring and reorientation of its leadership team to further enhance operational efficiency
Jiny Thattil has previously worked at companies such as cred-owned Happay, Amazon, InMobi and GE Healthcare
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 ...
Legal proceedings against the edtech firm have begun
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
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