Byju's says FY22 standalone revenue rises to ₹3,569 crore
EBITDA loss for the core business decreased from ₹2,406 crore to ₹2,253 crore YoY
Source: livemint.com
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Byju's New India CEO to Cut More Than 4,500 Jobs - The Economic Times
Arjun Mohan, who took charge as the new chief executive of the India business at Byjus last Wednesday, is set to unveil a series of changes at the financially troubled edtech firm, including cutting the headcount by a third or about 4,000-4,500 people to further tighten costs, people aware of the matter said.
Source: indiatimes.com
Edtech | Three senior executives quit Byju's amidst restructuring challenges
Chief business officer Pratyusha Agarwal, Mukut Deepak, business head for class 4-10 school segment, and Himanshu Bajaj, head of tuition centres business, have left
Source: telegraphindia.com
Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
Source: rediff.com
Byju's integrates verticals post leaders' exit; Banks advocate unified registry for digital fraud
Byjus on Tuesday said it has consolidated four verticals into two, K-10 and exam preparation, as part of moves to restructure its mainstay business.
Source: indiatimes.com