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Don't Speak To Media: BYJU'S New Social Media Policy For Employees Amidst Restructuring Exercise - Vimarsana News

Don't Speak To Media: BYJU'S New Social Media Policy For Employees Amidst Restructuring Exercise

BYJU’S has implemented a stringent new social media policy, instructing its employees to refrain from interacting with media outlets

Source: inc42.com
WhiteHat Jr Set For A Rebranding As BYJU'S Future School - Vimarsana News

WhiteHat Jr Set For A Rebranding As BYJU'S Future School

BYJU'S has decided to rebrand WhiteHat Jr to BYJU'S Future School, as the wholly-owned entity will merge into the edtech decacorn.

Source: inc42.com
Edtech company Byju's plans asset sale to pay off $1.2 billion loan - Vimarsana News

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. 'This loan repayment proposal has been submitte...

Source: rediff.com
Byju's, lenders hit pause on legal battle, aim for out-of-court resolution - Vimarsana News

Byju's, lenders hit pause on legal battle, aim for out-of-court resolution

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.

After mass layoffs, Byjus starts vacating one of its biggest office spaces in Bengaluru - Vimarsana News

After mass layoffs, Byjus starts vacating one of its biggest office spaces in Bengaluru

Byju's is giving up the 5.58 lakh square feet property in Kalyani Tech Park to save costs and shore up liquidity amid delayed funding. The company has asked...

Source: defence.pk