If Byju’s fails to complete the payment by September 23, the company will have to seek an extension from the RBI for closing the transaction, according to lawyers Moneycontrol spoke with.

Akshayakalpa is targeting a post-money valuation of approximately $75-80 million, a person with direct knowledge of the matter told YourStory.

Swiggy had filed papers confidentially with SEBI in April 2024 after getting shareholder approval for its Rs 10,400 crore IPO. The company is eyeing a valuation of 60% of Zomato’s market cap.

Sandeep Bapat has quit Trifecta Capital to join Mumbai-based Singularity AMC as its co-CIO and senior partner. His departure comes barely three years on from joining the firm from private equity firm...

IN-SPACe programme: https://www.inspace.gov.in/inspace?id=inspace_pie_program_pageNotion Dashboard: https://meadow-pillow-7fa.notion.site/BwM-Startup-Fundin...

Accel India must plan for the future as founding partners Prashanth Prakash and Subrata Mitra cannot continue indefinitely. Transitioning is never easy, but Prakash and Mitra appear to have a plan in...

With the growth engine sputtering, funding slowing down and the spectre of regulation looming large, there are many curveballs that Unacademy and its peers will have to grapple with in the coming...

The company's revenue fell 3 percent year on year to Rs 2,428 crore on a consolidated basis, down from Rs 2,704 crore the previous year, according to the FY21 results. Byju's reported a Rs 4,500...

As Byju’s shifts focus to profitability over growth, it is rationalising costs and scrambling to push sales in a bid to meet revenue projections.

Munjal tells employees to learn to work under constraints, saying the funding winter is here

According to an industry expert, growth-stage companies should not value themselves at more than 10 times their forward revenue multiple. Many edtech unicorns have raised had raised multi-million...

Once considered the driving force for its future expansion, Byju’s is significantly downsizing its tuition centre operations, with most centres set to shut by April. While this will help Bjyu’s lower...

Unacademy's latest round of layoffs comes just four months after the SoftBank-backed edtech laid off 350 employees or about 10 percent of its staff in November.

As the pandemic recedes, competition between education companies in Kota is a lot more fierce than among the students as edtech startups look to hire teachers for their offline enterprises.

Billionaire Mukesh Ambani’s Jio Platforms Ltd. has attracted more than half the $30 billion investment into telecom companies globally this year, on bets the wireless and digital services firm will...

Akshayakalpa is targeting a post-money valuation of approximately $75-80 million, a person with direct knowledge of the matter told YourStory.

Alpha Wave has never been shy about making bold bets at aggressive valuations in late-stage companies. Its recent activity, however, signals a shift towards smaller, early-stage investments.

Veteran entrepreneur Ronnie Screwvala has several things on his mind. But undoing the trail of chaos left by Byju’s and restoring edtech’s reputation in India top that list. In this edition of...

India’s only profitable edtech start-up is trying to raise funds not because it needs the money, but to increase its valuation and for potential M&A deals.

ED said that the investigation against the platform was initiated on the basis of various complaints received from various private persons. During the investigation conducted by the ED, several...

Byju's has laid off full-time and contractual employees from Toppr, WhiteHat Jr, and its core team across sales and marketing, operations, content and design teams