As Byju's-burnt private investors turn cagey, edtech startups take IPO route to grow
While market conditions appear favourable, investor skepticism about edtech remains, putting question marks on the sector’s ...
Market meltdown may cut startup IPOs and valuations down to size
While there will always be an appetite for strong, growth-oriented companies, startups may have to pivot from growth at any ...
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Top 5 reasons for the downfall of Byju’s: From $22 billion to less than $3 billion in just one year
The following are the five main reasons for the downfall of Byju's. Also Read: Indian jeweller becomes a billionaire after his 192-year-old firm’s IPO: Report Byju's rembarked on an acquisition ...
inc422y
Reading Between The Numbers: Decoding BYJU’S FY21 Financials
As for plans for its IPO, Raveendran said the current macroeconomic conditions have forced most companies to reassess their listing plans. BYJU’S is likely to come back to the drawing board when ...
Business Today2y
BYJU’s, Zerodha, Funding Winter: Start-Ups, Trends That Made Headlines In 2022
2022 was a difficult year for BYJU’S. At the beginning of the year, the edtech decacorn was planning its IPO and had huge expansion plans. Towards the end of it, it is struggling to survive In ...
ndtvprofit5d
Byju's Insolvency: NCLT Directs Creditors' Committee To Take Decision On Insolvency Withdrawal
Under the IBC, an application for withdrawal of the insolvency process can be accepted by the NCLT if 90% or more of the ...
inc421y
Will Indian Startup IPOs See Revival As Listed Tech Stocks Rebound?
Market experts also believe the recent valuation corrections of several unlisted startups and concerns like that of BYJU’S would also impact these IPO-bound startups’ listings and valuations.
Indiatimes7d
Byju’s creditors to vote on resolution professional on Saturday
Byju’s interim resolution professional Pankaj Shrivastava has convened a committee of creditors meeting to vote on a permanent resolution professional. Glas Trust Company, holding 99.41% voting ...
The Financial Express9d
Byju’s troubles grow: Raveendran takes battle against lenders, over debt and BCCI deal, to court
A group of lenders, represented by Glas Trust, claims that the company owes them Rs 11,432 crore. Byju’s, once a leading edtech company, is caught in a legal and financial battle over its debts ...
Dataquest1mon
Byju’s Insolvency: Employee Claims and Ongoing Verification
Byju's corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding unpaid debts. Together, these workers—who are also operational creditors, ...
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ET Exclusive | Closing new deals in India despite Byju's debacle: Prosus CEO Fabricio Bloisi
Aside from the write-off at Byju’s, in which it held a near-10% ... is preparing for an initial public offering (IPO), amid talks of a possible part or complete sale of its quick commerce ...
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Read Stories By Byju's Suspended Rp, Former Promoters Move Appellate Tribunal Nclat
Former Resolution Professional of Byju's challenges disciplinary action by NCLT. Ex-promoters also appeal against NCLT order on creditor committee.