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Indian edtech firm Byju`s streamlines business, with founder Raveendran in a `hands-on` role Indian education technology company Byju's will restructure its business into three divisions, with founder and CEO Byju Raveendran taking a more active role in day-to-day operations, the embattled startup said on Monday. Byju's, once one of India's hottest startups, has suffered numerous setbacks in the past few years, leading to a crisis of investor confidence, thousands of job cuts and its valuation nosediving to under $3 billion, from $22 billion in 2022. Byju's will...
Indian edtech firm Byju`s streamlines business, with founder Raveendran in a `hands-on` role
Indian edtech firm Byju`s streamlines business, with founder Raveendran in a `hands-on` role
Source: Reuters
2024-04-15 02:06:43 pm
Byju`s saga: Financial discipline biggest lesson for startups, says Simplilearn Co-founder As embattled edtech firm Byju’s finds itself mired in several controversies, one learning that startups can take from this episode is to ensure "financial discipline”, Simplilearn Co-founder and COO Kashyap Dalal said on Sunday. Facing an uphill battle with the investors, Byju’s is yet to process the salaries of its more than 20,000 employees for the month of February. The amount raised through the rights issue is currently locked in a separate account "at th...
Byju`s saga: Financial discipline biggest lesson for startups, says Simplilearn Co-founder
Byju`s saga: Financial discipline biggest lesson for startups, says Simplilearn Co-founder
Source: IANS
2024-03-03 12:38:14 pm
Shareholders approve Byju`s FY22 audited financials Edtech major Byju’s shareholders have approved the company’s audited financials for the fiscal year 2022 at its high-voltage Annual General Meeting (AGM). The AGM also cleared a resolution on reappointment of MSKA & ASSOCIATES, a member firm of BDO International, as Byju’s statutory auditor. “Think and Learn, the parent company of BYJU’s, held its Annual General Meeting (AGM) today with close to 60 shareholders in attendance. All the resolutions were pa...
Shareholders approve Byju`s FY22 audited financials
Shareholders approve Byju`s FY22 audited financials
Source: IANS
2023-12-21 11:50:51 am