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ranjan pai aakash investment: Ranjan Pai may put $50-60 million more to grow Byju's Aakash

Manipal chief Ranjan Pai will invest the new tranche of capital sooner in Aakash ahead of key student enrolment season, people aware of the discussions said. Sources at Aakash also said the coaching unit will require additional investment from Pai for it to be able to run operations and scale the business during the next few months when students enroll in these centre. ....

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Byju's to slash valuation by over 90% to raise fresh funds: Report

Byju's, once among the world's most valuable startups, faced many challenges with venture capital funding and the demand for online learning becoming scarce in a post-Covid world. ....

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Byju's investors set up working group to engage with edtech months after stepping down from board

The group includes some of Byju s largest investors, such as General Atlantic, Prosus, Peak XV, Sofina, Chan Zuckerberg Initiative, and Verlinvest. ....

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Byju's forms working group with top investors Prosus, Peak XV and others for restructuring and asset sale coordination

Sources say it will have regular interactions, where the promoters will keep the group informed about corporate level developments ....

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From mounting debt, funding crunch to court battles and more: All that troubles Byjus

BYJU S, once the most-valued edtech firm in the world valued at $22 billion, is now battling serious funding issues, a corporate governance crisis, and court battles. How did the company reach this point, read here to understand. ....

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