Byju Raveendran

BYJU’s CEO Arjun Mohan resigns from company, Raveendran to take over ops

BYJU’s today morning (Monday, April 15) announced that their CEO Arjun Mohan has resigned from the company and will now take on an external advisory role.

Byju’s founder pledges properties for $12 million amid crisis

BYJU’s shows door to another 100 employees citing performance issues

The news comes as the edtech behemoth is engaged in a battle on several fronts, including cash flow problems, legal concerns with lenders, multiple rounds of layoffs, board member resignations, valuation markdowns, and delayed financial reporting, among others.

BYJU’s creditors agree on amending $1.2 billion loan terms: Details

The steering committee of ad hoc term loan lenders (the "SteerCo"), who jointly own more than 85% of BYJU'S $1.2 billion term loan, today stated that it and BYJU'S have agreed to cooperate in order to sign and complete a term loan amendment (the "Amendment") before August 3, 2023.

BYJU’s assures no more BTC layoffs, agrees to pay incentives to stop protests

According to the people, there was rumor that Byju's would begin firing BTC staff on July 26 due to a significant decline in tuition center enrollment, which had spurred local business leaders to organize pan-India rallies.

BYJU’S: Rajnish Kumar & TV Mohandas Pai join advisory board

BYJU’S constituted a advisory council which will play a pivotal role in advising and mentoring BYJU'S Board and its CEO, Byju Raveendran, on crucial matters that shape the company's future.

Byju’s: What lies ahead amid major resignations, investor backouts, funding crunch & inability to release statements?

Byju's has been making headlines for various infamous reasons, one after the other pointing at operational failure and unwelcomed decisions of management. Let's take a look at what has happened till now.

Byju’s former employee says “was always available 24×7 for my company but they told me to resign immediately”

Byju has laid off 2,500 employees last October as it struggles to become profitable.

BYJU’S raises $250 million using structured instruments from Davidson Kempner

The edtech company was reportedly aiming to raise $1 billion from US-based asset management firms and Middle Eastern sovereign funds using a mix of stocks and structured instruments, according to a report from earlier this week.

Byju’s acquires US-based coding platform ‘Tynker’

As reported by Moneycontrol, this move is in line with the right other acquisition, this being the nine one for the ongoing fiscal year of 2021.

Byju’s plans to raise between $400 million to $600 million, for an initial public offering

The online education provider Byju's could close the pre-IPO fundraising at a valuation of about $21 billion.

Byju’s acquires Gradeup to reinforce online competitive exams preparation

On September 7, Ed-tech company Byju's said: it has acquired online exam preparation platform Gradeup in a bid to bolster the ed-tech’s presence in the fast-growing online competitive examination preparation category.

Karan Bajaj leaves WhiteHat Jr, Trupti Mukker to take over position

According to Raveendran, WhiteHat Jr and Byju’s Future School, under Bajaj’s leadership, would allow many students in the world daily to learn and create with more than 11,000 teachers.