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After 22-Months Delay, Byju s Report FY22 Results: Loss Of Rs 8245 Crore | Ready To Cut Valuation By 90% For Raising More Funds - Trak in

After 22-Months Delay, Byju s Report FY22 Results: Loss Of Rs 8245 Crore | Ready To Cut Valuation By 90% For Raising More Funds - Trak in
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

Whitehat jrNitin golaniMinistry of corporate affairs onCorporate affairsMonths delayFor raising moreChief financial officer

Byju s Incurs Over Rs 8,000 Crore in Losses in FY22, Driven by Whitehat Jr and OSMO

Byju s Incurs Over Rs 8,000 Crore in Losses in FY22, Driven by Whitehat Jr and OSMO
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

New delhiNitin golaniWhitehat jrJidesh kumarKing stubb kasivaAakash education servicesKing stubbKasiva advocatesGreat learningAakash educationalSingapore headquartered great learning

Byju s FY22 results: Core business grows, yet mounting losses and debt spark a race against time for survival

Approximately 58% of its overall revenue came from its core business of selling video lectures recorded on SD cards and tablets

Byju raveendranKing stubb kasivaShriram subramanianArjun mohanJidesh kumarWhitehat jrByju alpha incAakash educational servicesIngovern research servicesEducational servicesManaging directorAlpha incKing stubbKasiva advocatesByju 039s resultsByju 039s valuation

BYJU S is seeking to raise $100 million

BYJU’S faces a significant setback as it plans to raise $100 Mn to $200 Mn via a rights issue at a substantially reduced valuation of $2 Bn.

Whitehat jrNitin golaniGreat learningSubsidiary woesCompanies actValuation hits rock

Byju s FY22 results: Byju s FY22 results: Revenue at Rs 5,014 crore, losses swell to Rs 8,245 crore

Nearly half of Byju s losses–around Rs 3,800 crore– have come from stressed assets like Whitehat Jr and Osmo–two key acquisitions made by the company. Byjus auditor BDO has however made an observation on the ongoing concern on the $1.2 billion term loan which indicates that a ‘material uncertainty exists.

Uttar pradeshNitin golaniWhitehat jrIndian school of businessProgramme in fintechOffering collegeTech prowessHigh value skillApplied riskData science forByjus fy22 resultsByju sThink amp learnByjus fy22

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