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Cofounder and managing director Mayank Kumar said the company will go for an IPO once it reaches milestones such as achieving $750 million in revenue, maintaining an 80% gross margin, and sustaining a 50% net margin. ....
upGrad earmarks Rs 100 Cr for 100 offline counselling and learning centres yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Up to 300% salary hikes, 16% growth in placement counts: upGrad's H1 report yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
It is worth noting that this would not be the first restructuring exercise at BYJU'S. Earlier this year, the edtech laid off about 1,000 employees. Late last year, the company let go of 2,500 employees.
Edtech firm Byju's to lay off 4,000 employees in major restructuring business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.