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Byju's rights issue at $500 million valuation; what's hurting cloud kitchens?

Happy Wednesday! Beleaguered edtech major Byjus finally filed its much-delayed audited FY22 results with the Registrar of Companies. Its also holding talks to float a rights issue at a valuation of less than $1 billion. Yes, you heard it right. More on that in todays ETtech Morning Dispatch.
Tamil Nadu Rajeev Chandrasekhar Whitehat Jr Kevin Aluwi Optiemus Infracom Vivek Gambhir

tcs oxford university contract: TCS iON loses Oxford University contract

Oxford University had selected TCS iON, the learning and assessments-focused unit of TCS, in April 2023 to use its platform to conduct the admission tests. The university told ET some candidates faced technical problems during the delivery of this years online admissions tests, following which TCS will not be involved in their admissions tests.
United Kingdom Offering College Indian School Of Business Technology Leadership Tata Consultancy Services Senior Management Programme

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