BYJU's & Whitehat Jr News & Updates

Sai · Nov 23, 2020

A thread containing news & updates related to the infamous digital education startup BYJU's & its subsidiary Whitehat Jr.

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Pradeep Poonia on Twitter

“Karan Bajaj, #WhiteHatJr today, Saturday, filed a 20 CRORE rupees defamation case against me. And I have to be present in Delhi High Court on Monday. https://t.co/Dfj5K8fVoj”

web.archive.org

This edu tech bubble is going to burst soon!.

Sushubh · Nov 23, 2020

Don't want to get sued. Sorry.

Sushubh · Nov 4, 2022

BYJU's appoints Lionel Messi as brand ambassador amid layoffs and cost cuts

BYJU's announced on Friday that they have onboarded Lionel Messi as brand ambassador for company's social impact arm. Education for All.

www.businesstoday.in

Sushubh · Jun 22, 2023

Indian lenders cut off Byju’s air supply by not lending to its users

Indian non-banks worsen the edtech giant’s woes by no longer funding its users. And, the company’s FY22 revenue is less than the Rs 10,000 crore (US$1.2 billion) touted by Byju Raveendran

the-ken.com

Three board members quit Byju's, Deloitte steps down as auditor: Report

The departures mean Byju's board now consists only of founder's family, Chief Executive Byju Raveendran, his wife Divya Gokulnath, and brother Riju Raveendran.

www.hindustantimes.com

Byju’s auditor quits amid mounting financial worries

Byju’s reported a loss of Rs 4,564 crore in FY21. Revenues fell 3.3% to Rs 2,428 crore as it deferred about 40% of its revenue to subsequent years due to its new revenue recognition model.

indianexpress.com

BYJU's Denies Reports Of 3 Board Members Stepping Down

Three board members of Indian startup Byju's have stepped down amid the edtech company's disagreement with lenders, three people familiar with the matter told Reuters on Thursday.

www.ndtv.com

Sushubh · Jun 23, 2023

India's Byju's in talks with investors who quit board to reconsider

Byju's is asking three global investors to reconsider their decision to quit its board, three sources with direct knowledge of the situation said, as the Indian education technology firm wrestles with the fallout of its auditor's resignation.

www.reuters.com

Sushubh · Jun 26, 2023

Byju's staff say morale waning amid turmoil at Indian edtech firm

Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters.

www.reuters.com

Sushubh · Jun 26, 2023

Byju’s hasn’t paid PF money for months, show EPFO data

Some former staffs of the edtech unicorn say the company blamed it on ‘technical glitch’

www.thehindubusinessline.com

Sushubh · Jul 2, 2023

Five lessons from the unravelling of Byju’s

www.deccanherald.com

Sushubh · Jul 4, 2023

Byju’s promoters have sold shares worth $408.53-m in secondary deals since FY16

Byju’s founders, Byju Raveendran, Divya Gokulnath, and Riju Ravindran, have collectively sold shares worth $408.53 million in secondary transactions since 2015. The promoter shareholding in the ed-tech company has gradually decreased from 71.6% to 21.2% during this period. Multiple investors...

www.thehindubusinessline.com

Nishant · Jul 11, 2023

Centre Orders Inspection Of Byju's Account Books

The government has ordered an inspection into the account books of education-technology titan Byju's, which has been rocked by the resignation of its auditor and three board members last month.

www.ndtv.com

Navjot Singh · Aug 25, 2023

Byju's exposed sensitive student data, including loan details | TechCrunch

India's most valuable startup has fixed a server-side misconfiguration that exposed the sensitive data of its students.

techcrunch.com

Sushubh · Nov 21, 2023

Source

manu1991 · Nov 21, 2023

Yeesh. Their valuation has already fallen by 90%. This is not going to help.

Byju's is likely worth less than 10% of its last valuation of $22B - CB Insights Research

Sushubh · Nov 23, 2023

Byju's employees evicted from Gurugram office space - Education News | The Financial Express

Employees were asked to vacate the premises on Tuesday due to rental non-payment issues, according to sources aware of the development.

www.financialexpress.com

Sushubh · Dec 4, 2023

Byju’s Founder Pledges Homes to Raise Funds for Staff Salaries

Byju Raveendran, the eponymous founder of Indian edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch, according to people familiar with the matter.

www.bloomberg.com

BYJU's & Whitehat Jr News & Updates

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