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It is learnt that Byju’s is looking to raise at least $800 million from the sale of Epic, the US-based kids learning firm, and Great Learning — the upskilling platform
Byju's and its term loan B lenders have extended their US legal dispute delay until October 6, as they continue discussions for a out-of-court resolution.
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
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.
In an interview with Business Today, Nikhil Kamath shared his take on the mood of the market and how traders can toughen their portfolios