New Delhi: Around six investors in Think and Learn Private Limited, which operates under BYJU’s brand, have called for an extraordinary general meeting to address issues at the edtech major and oust founders from having control over the firm, sources aware of the development said. The investors led by Dutch investment firm Prosus in the … Read more
New Delhi: Edtech major Byju’s is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in early 2022. The company, which announced its audited FY22 financial results on Tuesday after a long gap, aims to raise $100-$200 million via a rights issue, reports TechCrunch, citing people familiar … Read more
New Delhi: While edtech major Byju’s has recently made headlines for all the wrong reasons, the company-owned Aakash Educational Services has saw its profit increase by 82 per cent to Rs 79.5 crore in FY22. It is a significant improvement for the company as it saw a profit of Rs 43.6 crore in FY21, reports … Read more
