Byju’s
TMT
WestBridge-backed PhysicsWallah files for $437 mn IPO
Indian education technology platform PhysicsWallah has filed for an initial public offering worth 38.20 billion rupees ($437 million), draft papers ......
Consumer
Aakash Educational Services hits a wall in FY25 as enrolments slow and costs bite
Aakash Educational Services Ltd (AESL), the operator of one of India’s largest chains of coaching institutes, has recorded a drop ......
TMT
Byju's creditors force it to sell US units Epic and Tynker for dirt cheap
Beleaguered edtech Byju’s has been forced to sell its two US-based companies–reading platform Epic and kids coding platform–in a fire ......
Consumer
Ranjan Pai's Manipal Group set to gain majority stake in Blackstone-backed firm
Billionaire Ranjan Pai, chairman of Manipal Education and Medical Group (MEMG), is likely to soon take a controlling stake in ......
Manufacturing
Supreme Court's reversal of $2.3 bn JSW-Bhushan deal casts shadow on bankruptcy law
A decision by India's Supreme Court to quash a $2.3-billion steel industry deal six years after an insolvency tribunal approved ......
Finance
Byju's Alpha sues Raveendran, wife, exec over alleged misappropriation of $533 mn
Byju’s Alpha, the Delaware-based special purpose finance vehicle of the embattled Indian edtech company Byju's, has filed a lawsuit against ......
TMT
Why PhysicsWallah backer WestBridge is still keen on edtech despite Byju's downfall
Private equity firm WestBridge Capital will continue to look for investment opportunities in India’s edtech sector, a top executive told ......
TMT
Byju's collapse aside, how are other Indian edtech unicorns faring?
Indian edtech unicorns, which went on a rapid expansion spree during the pandemic years, are recalibrating their strategies as the ......
General
Grapevine: Blackstone, Sattva Group, Byju's in news
A Blackstone-Sattva Group joint venture plans to file draft IPO papers for a real estate investment trust by mid-February, according ......
General
Supreme Court sets aside Byju's payment dispute settlement with India cricket body
India's top court on Wednesday set aside an appeals tribunal order that allowed settlement of a payment dispute between the Indian ......
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