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Byju's News

22 Dec 2022

BIG blow for BCCI, Jersey sponsor Byju’s wants to END deal, here’s WHY

The matter was discussed at the BCCI Apex Council meeting on Wednesday (December 21). Byju's had replaced Oppo back in 2019.

04 Dec 2022

10 BIG companies that did MASSIVE lay offs recently

12 Nov 2022

From Meta to Snap, Here's the list of companies that announced layoff - PICS

Expert anticipate mild recession next year. Keeping themeselves ready for it, several tech companies globally have announced lay off in the past few months, making it one of the worst years in the industry. Meta recently laid off 11,000 employees while Twitter cut almost 50% staff this month. However, they are not alone. Several tech companies have taken the same measure to lower their cost and turn themselves profitable in coming months. Here's the list of big tech companies that laid off their employees and what is the percentage of it.

01 Nov 2022

You're not just 5% of my company. You are 5% of me: Byju's CEO on layoff

Byju's will lay off 5 per cent of its employees. Byju's to fire 2,500 workers in the next six months. we decided to define our 'path to profitability and sustainable growth, Byju's CEO.

16 Sep 2022

BYJU'S have to pay Rs 2,000 cr to clear Aakash acquisition deal on Sept 23

According to BYJU's financial report FY21, "as per the terms of the agreement for acquisition of Aakash Educational Services, consideration to the extent of Rs 1,983 crore was due to be paid by the company to the sellers in June, 2022. This has been deferred to September 23, 2022".

14 Sep 2022

Facing govt scrutiny, BYJU's set to release FY21 financial report today

Facing intense scrutiny from the government over the long delay, the company had received an 'unqualified' report from auditor Deloitte late last month.

30 Aug 2022

BYJU's gets clean FY21 audit from Deloitte after 17 months delay

The BYJUs have finally received an 'unqualified' report. The report is a major sigh of relief for the company. The BYJUs have raised over $6 billion in funding.

Aakash Chaudhry

12 Aug 2022

MD of BYJU's-owned Aakash Institute buys Delhi property worth Rs 137 crore

According to data from online property registration provider Zapkey, the 1,300 square metre property was registered on August 1 and Chaudhry reportedly paid stamp duty worth Rs 8.22 crore.

22 Jul 2022

BIG sponsor trouble for Team India, Byju’s owes THIS whopping to BCCI

Byju’s first came on board back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.

Ministry of Consumer Affairs

16 Jul 2022

Govt pulls up edtech companies for mis-selling courses to parents

Consumer Affairs Ministry pulled up edtech firms during a meeting with them and IEC. The IEC said that it has resolved all complaints received until June 2022.

04 Jul 2022

Over 22K techies lose jobs in US, more than 12K in Indian startups

Tech and startup sector hammered by economic meltdown. Difficult in raising new funds. Employees being tripped and downsized by globally recognized companies .

28 Jun 2022

Edtech startup WhiteHat Jr fires 300 employees: Know details

In August 2020, Byju's paid $300 million for WhiteHat Jr, a company that teaches coding to youngsters. The terminated employees were given a month's salary as part of their severance package. WhiteHat Jr reported a total loss of Rs 1,690 crore in FY21.

24 Mar 2022

FIFA World Cup 2022: BYJU'S named as official sponsor of tournament in Qatar

BYJU's will create engaging and creative content with educational messages as part of a multifaceted activation plan. The company run unique promotions to connect with football fans around the world.

22 Dec 2021

YearEnder 2021: 5 business deals that made big headlines in India

From Tata Sons making a winning bid to buy Air India back to Byju’s acquiring coaching institute Aakash Institute, here's the list of top 5 deals of 2021.

17 Sep 2021

Byju's, NITI Aayog offer to provide free education in 112 Aspirational Distric

The project envisages establishment of a dedicated working group that will create a knowledge, innovation, and strategy support system, a statement said. The team will also actively monitor and evaluate programme implementation to enable efficacy and ensure better scope of delivery, it added. Effective use of technology in education can aid transformation and with Byju's joining in, the students in these aspirational districts will get an opportunity to access quality education, he added.

08 Aug 2021

Neeraj Chopra’s golden run: Check rewards promised to gold medallist by brands

Mahindra Group Chairman Anand Mahindra has promised to gift Mahindra XUV700 to Neeraj Chopra.

06 Aug 2021

Is BYJU’s acquiring Vedantu? Check what the latter’s CEO has to say

Byju's is offering a USD 700-800 million deal to Vedantu, a report said. Vedantu said: "This information is completely false and no such discussions have taken place with Byju's and we are not considering anything like this". Vedantu had said it expects its revenue run rate to more than double to USD 200 million and hit profitability by June next year.

21 Jul 2021

Byju's acquires Epic for 3700 crores to gain a foothold in the US

Byju's has aggressive plans for international and US market expansion. Epic is confident that this acquisition will ignite excitement for learning around the world. Epic's existing global user-base counts more than two million teachers and 50 million kids.

28 Apr 2021

Jio, BYJU’s in Time Magazine's list of 100 most influential companies

BYJU's is India’s educational technology giant and the world’s second-largest edtech company. Jio Platforms is listed under the Innovators category, with Zoom, Adidas, TikTok, Ikea, Moderna and Netflix. BYJU’s is listed in the Disruptors category, alongside Tesla, Huawei, Shopify, Airbnb and DiDi Chuxing.

25 Jul 2019

Team India sponsorship transfer raises questions on transparency

Virat Kohli and boys are set to sport a new logo on their jerseys from September as Oppo will be replaced by Byju`s -- the Bangalore-based educational technology and online tutorial firm -- as the team sponsor.

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