Tag "Byju’s"

BYJU’S announces INR 2 Cr for Neeraj Chopra; INR 1 Cr each for other olympic winners from India

By : CIOL Bureau

Edtech major BYJU’S has announced a Rs 2 crore cash reward for Olympic gold medallist Neeraj Chopra. The Tiger Global-backed most-valued Indian startup also announced Rs 1 crore each to Mirabai Chanu, Ravi Kumar Dahiya, Lovlina Borgohain, PV Sindhu, and

Who is Trupti Mukker, WhiteHat Jr’s new CEO, post Karan Bajaj’s exit?

By : Laxitha Mundhra

WhiteHat Jr Founder Karan Bajaj has announced his resignation as the company’s CEO, exactly a year after BYJU’S acquired the kids’ coding platform. Announcing his exit, Bajaj states that he intends to further his career in public service post-resignation. “I will

Two acquisitions in a week – BYJU’S intensifies edtech market reach with Great Learning and Epic!

By : Laxitha Mundhra

Edtech unicorn BYJU’S has announced the acquisition of upskilling startup Great Learning for $600 million consisting of cash, stock, and earnout. It had also announced to invest $400 million into Great Learning to accelerate its growth. This is BYJU’S first acquisition in

What makes BYJU’S India’s highest-valued startup at $16.5 Bn?

By : Laxitha Mundhra

Decacorn BYJU’S has now become the highest valued startup at $16.5 Billion. Only in March, the startup had raised close to $460 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP. The company was then valued

BYJU’s sets up a 20 Cr Covid Relief fund for employees and their family

By : Laxitha Mundhra

The second wave of the Covid pandemic has hit India harder than before. Amid the rising cases, we are already facing medical equipment crisis and a looming second lockdown. Startups and businesses around the world are helping the people, the

Byju’s to build a blended-learning Future School based on WhiteHat Jr Success Story

By : Laxitha Mundhra

After the public announcement of Byju’s acquiring Aakash Institute for what is the biggest edtech deal, the company has now announced Byju’s Future School. Not long ago, the founders of Byju’s on different occasions have stated that they believe that

Aakash Institute to strategically merge with Byju’s; Founders to turn shareholders

By : Laxitha Mundhra

EdTech Decacorn Byju’s has announced its strategic partnership with Aakash Educational Services Limited (AESL). In mid-January, reports started doing rounds that Byju’s would acquire AESL for $1 Billion. But when we asked Byju’s spokesperson, the company declined to comment. Yet,

[Funding] Byju’s raises Series F Round led by MC Global EdTech Investment Holdings

By : CIOL Bureau

Edtech decacorn Byju’s has raised Rs 3,328.23 crore or close to $460 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP, reported Entracker. In the round, the company has alloted 1,40,233 Series F CCPS at

4th Acquisition in 7 months – Byju’s Acquires Scholr for about 15 Crores: Report

By : CIOL Bureau

According to an Entracker report, Byju’s has acquired Edtech Scholr in an all-cash deal. The deal has been signed early this month and likely to be announced soon, stated the report. The size of the deal is in the range of

After WhiteHat Jr and Aakash, Byju’s to acquire edtech rival Toppr in a $150 Mn deal

By : CIOL Bureau

After Byju’s acquired WhiteHat Jr and Aakash Institute (reportedly), the EdTech giant is in late-stage talks to acquire EdTech Toppr, according to reports. The $150 Mn deal will be the Unicorn’s third-largest deal; it acquired Whitehat in a $300 Mn all-cash

Key Opinions of Thought leaders from TiEcon Delhi (Day 1-3)

By : CIOL Bureau

The TiECon conducted one of the biggest Entrepreneurial Event of 2021. The event saw the participation of various world leaders. According to the event organisers, the event aims to focus on the unprecedented opportunities that will arise over the next several years

Test Prep Leader Akash Institutes To Now Run Under Byju’s Flagship

By : CIOL Bureau

Decacorn Byju’s has signed a deal to acquire India’s test prep leader Aakash Educational Services for $1 billion. Since the deal is still private, there are no official announcements, only the words of several reports. Further, the deal will come through in

BYJU’s joins hands with NSDC to support skilling of teachers and trainers

By : CIOL Bureau

BYJU’s is one of India’s largest EdTech company. The unicorn today signed a Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC). The agreement aims to support the skilling of teachers and trainers. The partners share a vision

WhiteHat Jr vs Aniruddha Malpani and Pradeep Poonia

By : Laxitha Mundhra

WhiteHat Jr has never been off-controversy. Whether it was Forbes writing on it for the need of teaching kids coding or pulling down ads, or the child who landed a job in Google; or even how ex-employees of WHJ had

Byju’s Jobs: Applications for BDA are invited; Salary upto 10 lakhs

By : CIOL Bureau

Byju’s is looking for passionate fresh graduates to apply for the role of a Business Development Associate. This is an individual contributor role in an employee-oriented, high-performance environment. As a BDA in BYJU’S, you will connect with potential customers, set

Byju’s acquires 3D virtual lab Unitus-backed startup LabInApp

By : CIOL Bureau

Edtech Decacorn Byju’s has acquired LabInApp. LabInApp is a Unitus Ventures investee company that offers science lab-like simulation on mobile devices, curating interactive and immersive learning experiences for both students and teachers. Both companies have not yet disclosed the acquisition amount. About

[Funding] Silver Lake invests $500 million in Byju’s pushing valuation to $10.8 billion

By : CIOL Bureau

Online learning platform Byju’s has raised $500 million in a fresh round of funding from Silver Lake. The round also saw participation from existing investors including Tiger Global, General Atlantic, and Owl Ventures. The new round values Byju’s at $10.8 billion,

Byju’s Raises $122 Mn Series F Funding from DST Global. Is it a part of the $400 Million?

By : CIOL Bureau

Byju’s is India’s largest online EdTech platform. In a recent development, first reported by Entracker, it has raised $122 million from DST Global at a valuation of $10 billion, according to regulatory filings. Further, it is allotting 42,666 preference shares

TiE Conference: Byju’s Co-Founder Divya Gokulnath speaks on India Internet Day

By : CIOL Bureau

Divya Gokulnath is a teacher and the Co-Founder of Byju’s (the Learning app) with her husband, Byju Raveendran. She is a strong believer in the fact that she’s a teacher before a Co-Founder. Her first encounter with Byju’s was as

Byju’s acquires Coding StartUp WhiteHat Jr in 300 million dollar all cash deal

By : CIOL Bureau

Edtech unicorn Byju’s announced on Wednesday that it has acquired WhiteHat Jr. WhiteHat Jr is a Mumbai-based edtech startup that is popular for its online coding classes. The deal is reportedly for $300 million. Earlier this week, Byju’s also secured an