Posts filtered by tags: BYJU 'S[x]
Indian edtech giant Byju’s to expand to international marketsApril 8, 2021 at 2:42 AM Byju’s said on Thursday it will expand to international markets in the second half of next month as the Indian edtech giant, valued at over $13 billion, looks to accelerate its growth.
The Indian edtech giant, which acquired 33-year-old tutor Aakash for nearly $1 billion earlier this week, plans to launch in the U.S., UK, Brazil, Indonesia and Mexico next month and explore other geographies later this year, it told employees in an email today.
The startup’s international business will be oversee...Tags: Apps, Asia, Education, Mexico, India, Tech, Brazil, Byju, Byju's, Whitehat Jr, Karan Bajaj, UK Brazil Indonesia 7 people like this. Like Byju’s acquires Indian tutor Aakash for nearly $1 billionApril 5, 2021 at 4:00 AM  Tags: Fundings & Exits, Asia, Education, California, India, Tech, Bloomberg, Blackstone, TechCrunch, Blume Ventures, Osmo, Blume, Aakash, Deborah Quazzo, Byju, Byju Raveendran 91 people like this. Like Nonobvious acquisitions are on my 2021 bingo boardApril 3, 2021 at 2:00 PM  Tags: Startups, TC, Spotify, Education, China, Ipo, US, Linkedin, Tech, Compass, EC, Edtech, Coursera, Clubhouse, Deliveroo, NFT 84 people like this. Like Byju’s in talks to acquire US-based reading platform EpicMarch 30, 2021 at 7:02 AM  Tags: Apps, Education, California, India, US, Tech, Netflix, Epic, New Delhi, Sam, Osmo, Aakash, Walmart Target, Byju, Evolution Media, Byju's 72 people like this. Like Indian edtech giant Byju’s in talks to raise over $600 million at $15 billion valuationMarch 25, 2021 at 7:35 AM Indian edtech giant Byju’s, which raised about a billion dollars last year as the pandemic accelerated growth of online learning services in India, is about to kickoff its fundraising spree for this year.
Byju’s is in talks to raise over $600 million in a new financing round that would value the Indian startup at $15 billion, up from $11 billion late last year, and $5.75 billion in July 2019, two people familiar with the matter told TechCrunch.
Byju Raveendran, the co-founder and chief executive...Tags: Asia, Education, India, Funding, Tech, Blume Ventures, Deborah Quazzo, Byju, Byju's, Unacademy, GSV Ventures 44 people like this. Like James Murdoch’s Lupa Systems leads $31 million investment in India’s DoubtnutFebruary 25, 2021 at 5:45 AM Doubtnut, an Indian startup that helps students learn and master concepts from math and science using short videos, has raised $31 million in a new financing round, months after it rejected an acquisition offer from India’s largest edtech firm Byju’s.
The three-year-old Gurgaon-headquartered startup said SIG and James Murdoch’s Lupa Systems led the $31 million Series B funding round. Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in the...Tags: Apps, Asia, Education, India, Funding, Tech, James Murdoch, Edtech, Gurgaon, Murdoch, Sig, Lupa, Byju, Uday Shankar, Sequoia Capital India, Waterbridge Ventures 18 people like this. Like Meet Smash Ventures, the low-flying outfit that has quietly funded Epic Games among othersFebruary 24, 2021 at 12:11 PM When in 2018, Smash Ventures showed up as an investor in a $1.25 billion round for Epic Games — reportedly the largest ever investment in a video game company at the time — it was the first time many had heard of the investing outfit.
When the brand showed up again last summer in an even bigger round for Epic — last August, the games giant announced $1.78 billion in fresh funding at a post-money equity valuation of $17.3 billion — a diner near Epic’s Cary, North Carolina headquarters that sells...Tags: TC, India, Disney, Tech, Epic, Venture Capital, Ufc, Walt Disney Animation Studios, Pixar, Epic Games, Draftkings, Travis Scott, Garland, Richter, Mayer, Tim Sweeney 1 people like this. Like Byju’s is reportedly buying Indian brick-and-mortar institute Aakash for $1 billionJanuary 12, 2021 at 11:05 AM We may finally have an answer to why Byju’s, the , spent the last year raising hundreds of millions of dollars.
Bloomberg reports that the Bangalore-based startup has agreed to buy Aakash Educational Services, which owns and operates more than 200 physical tutoring centres across the country aimed at students preparing to qualify for top engineering and medical colleges.
According to the publication, Byju’s will pay $1 billion to buy Aakash Educational Services, which serves more than 250,000 s...Tags: Asia, Education, India, Tech, Bloomberg, New Delhi, Edtech, Bangalore, Byju, Byju Raveendran, Byju's, Unacademy, Aakash Educational Services, Mary Meeker Bond 19 people like this. Like Delhi HC restrains Malpani from making defamatory comments against WhiteHat Jr: ReportNovember 25, 2020 at 2:10 AM The Delhi High Court on Tuesday restrained investor Aniruddha Malpani from making any defamatory comment and statements against WhiteHat Jr and its employees, Bar & Bench reported.
On Monday, Byju’s-owned WhiteHat Jr had managed to obtain a partial gag order from the Delhi High Court in a similar defamation case filed against Pradeep Poonia, who has been openly critical of the company’s practices and the resultant impact of children. Justice Mukta Gupta, who also ruled on the Poonia case, or...Tags: Travel, News, Children, Youtube, US, Mumbai, Delhi High Court, Bhargava, Byju's, Mukta Gupta, Whitehat Jr, Aniruddha Malpani, Malpani, Karan Bajaj, Pradeep Poonia, Poonia 16 people like this. Like Delhi HC orders removal of tweets, video about WhiteHat Jr in defamation suit: ReportNovember 23, 2020 at 7:55 AM WhiteHat Jr. and its CEO Karan Bajaj have managed to secure a partial gag order from the Delhi High Court against Pradeep Poonia, who has been openly critical of the company and its practices. In response to a ₹20 lakh defamation suit filed by the Byju’s-owned company and Bajaj, the high court has restrained Poonia from a number of activities essentially, scutting any criticism that could amount to defamation.
Poonia will have to delete multiple tweets posted through September and October,...Tags: Travel, News, Education, Children, Youtube, Delhi High Court, Mukul Rohatgi, Bajaj, Delhi HC, Byju's, Mukta Gupta, Whitehat Jr, Karan Bajaj, Pradeep Poonia, Poonia, Twitter YuTube Reddit LBRY 47 people like this. Like Byju’s-owned Indian startup WhiteHat Jr sues criticsNovember 22, 2020 at 12:01 PM Karan Bajaj, an Indian entrepreneur who teaches meditation and in his recent book invites others to live a life away from the noise, is going after the most vocal critics of his startup.
Bajaj, founder of coding platform WhiteHat Jr, has filed a defamation case against Pradeep Poonia, an engineer who has publicly criticized the firm for its marketing tactics, the quality of the courses on the platform, and aggressive takedowns of such feedback. On Monday, WhiteHat Jr, filed a similar case agains...Tags: Google, Facebook, Apps, Asia, Education, India, America, Tech, Edtech, Mary Meeker, Plaintiffs, Bajaj, Forbes India, Byju, Byju's, Whitehat Jr 15 people like this. Like WhiteHat Jr’s founder files $2.6M defamation suit against criticNovember 22, 2020 at 12:01 PM Karan Bajaj, an Indian entrepreneur who teaches meditation and in his recent book invites others to live a life away from the noise, is going after the most vocal critic of his startup.
Bajaj, founder of coding platform aimed at kids WhiteHat Jr, has filed a defamation case against Pradeep Poonia, an engineer who has publicly criticized the firm for its marketing tactics, the quality of the courses on the platform, and aggressive takedowns of such feedback.
In the lawsuit — in which Bajaj is see...Tags: Asia, India, Tech, Edtech, Bajaj, Byju's, Whitehat Jr, Karan Bajaj, Pradeep Poonia, Poonia 42 people like this. Like India’s Razorpay becomes unicorn after new $100 million funding roundOctober 11, 2020 at 4:37 PM Bangalore-headquartered Razorpay, one of the handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million in a new financing round, the payments processing startup said on Monday.
The new financing round, a Series D, was co-led by Singapore’s sovereign wealth fund GIC, and Sequoia India, the six-year-old Indian startup said. The new round valued the startup at “a little more than $1 billion,” co-...Tags: Asia, Finance, Singapore, India, Funding, Tech, Zomato, Sequoia Capital, Mathur, Airtel, UPI, Bangalore, Truecaller, Swiggy, GIC, Oyo 21 people like this. Like Indian decacorn Byju’s CEO talks about future acquisitions, coronavirus, and international expansionSeptember 15, 2020 at 4:55 AM Since India enforced a lockdown across the country in late March, shutting schools and other public places, Bangalore-headquartered startup Byju’s has emerged as one of the quintessential platforms for school-going students in the world’s second largest internet market.
It took the startup about four and a half years to amass 40 million students. Since the lockdown, its user base has ballooned to 65 million, its co-founder and chief executive Byju Raveendran said at Disrupt 2020 conference Tuesd...Tags: Apps, Asia, Education, Ipo, India, Tech, Edtech, Bangalore, Disrupt, Australia New Zealand, Byju, Byju Raveendran, Byju's, Disrupt 2020, Whitehat Jr 17 people like this. Like Silver Lake invests in edtech company Byju’sSeptember 8, 2020 at 6:01 AM Online learning platform Byju’s has raised funds from US-based private equity firm Silver Lake, along with existing investors including Tiger Global, General Atlantic and Owl Ventures, the company said in a statement on Tuesday. While the company didn’t specify the amount, it is believed to be $500 million, according to multiple reports. Before this, Silver Lake had invested $1.35 billion in Jio Platforms. It has also invested in Airbnb, Alibaba, Ant Financial, Alphabet’s Verily and Waymo unit...Tags: Travel, News, Education, India, Funding, US, Atlantic, Tencent, Mumbai, Bond, General Atlantic, DST Global, Silver Lake, Owl Ventures, Byju, Dell Technologies 12 people like this. Like Silver Lake leads $500 million investment round in Indian online learning giant Byju’sSeptember 8, 2020 at 2:18 AM  Tags: Facebook, Apps, Asia, Education, India, Funding, Tech, Atlantic, Tiger Global, New Delhi, Bond, General Atlantic, Mary Meeker, Silver Lake, TechCrunch, Reliance Jio 60 people like this. Like India’s online learning platform Unacademy raises $150 million at $1.45 billion valuationSeptember 2, 2020 at 6:34 AM India has a new unicorn startup. On Wednesday, Bangalore-based online learning startup announced it has raised $150 million in a new financing round that valued the Facebook-backed firm at $1.45 billion (post-money).
SoftBank Group — through its Vision Fund 2 — led Unacademy’s Series F financing round while existing investors Facebook, Blume Ventures, Nexus Partners, General Atlantic and Sequoia Capital participated in it.
Unacademy helps students prepare for competitive exams to get into ...Tags: Facebook, Apps, Asia, Education, India, Softbank, Funding, Tech, Sequoia Capital, New Delhi, Mary Meeker, SoftBank Group, Gaurav Munjal, Byju, Sequoia Capital India, Vision Fund 19 people like this. Like Owl Ventures’ new pair of funds gives edtech a $585 million boostSeptember 1, 2020 at 8:30 AM Edtech just keeps on booming.
Today, Owl Ventures, a San Francisco-based education technology fund whose portfolio includes Byju’s, Labster, Masterclass and Quizlet, announced that it has closed a pair of investment vehicles totaling $585 million.
Owl Ventures IV is a $415 million investment vehicle which will be used to invest in edtech startups Series A and beyond. The firm also formed its first ever opportunity fund at $170 million to work as a growth-stage bank for existing portfolio comp...Tags: Startups, TC, San Francisco, Tech, Edtech, Masterclass, TCV, Chiu, Owl Ventures, Sequoia India, Quizlet, Byju, Byju's, Juni Learning, Ian Chiu, Coronavirus 36 people like this. Like Byju’s acquires edtech startup WhiteHat Jr. for $300 millionAugust 6, 2020 at 2:39 AM Byju’s has acquired Mumbai-based edtech startup WhiteHat Jr. for $300 million. WhiteHat Jr. offers online coding classes to students in India and the US, and was founded just 18 months ago, in November 2018. This makes it the fastest exit story at this size in the Indian startup ecosystem, according to TechCrunch. In a statement, Byju’s said that this acquisition will also help it in its US expansion plans.
WhiteHat Jr. had raised $10 million from Nexus Venture Partners, Omidyar Networks and Owl...Tags: Travel, News, Education, India, US, New Zealand, Mumbai, Karan, Owl Ventures, Byju, Byju Raveendran, Byju's, Whitehat Jr, Canada UK Australia, Nexus Venture Partners Omidyar Networks, Karan Bajaj 15 people like this. Like India’s Byju’s acquires WhiteHat Jr. for $300 millionAugust 5, 2020 at 12:12 PM Byju’s has acquired edtech startup WhiteHat Jr. for $300 million as the Indian online learning giant looks to expand its dominant reach in the country.
The all-cash deal makes 18-month-old Mumbai-headquartered WhiteHat Jr., which offers online coding classes to school-going students, the fastest exit story of this size in Indian startup ecosystem.
WhiteHat Jr., which had raised about $11 million from Omidyar Network and Nexus Venture Partners, has achieved a revenue run rate of $150 million. It ...Tags: Fundings & Exits, TC, Facebook, Asia, India, US, Tech, New Zealand, Mumbai, Blume Ventures, Osmo, Karan, Bajaj, Vedantu, Byju, Byju's 48 people like this. Like Toppr raises $46 million to scale its online learning platform in IndiaJuly 28, 2020 at 10:31 PM  Tags: Travel, Apps, Asia, Education, India, Funding, Dubai, Mumbai, Bond, Mary Meeker, Online Learning, Vedantu, Zishaan Hayath, Byju's, Unacademy, Toppr 93 people like this. Like Tweets critical of Byju’s get reported for violating Indian laws, Byju’s denies reporting themJuly 24, 2020 at 6:06 AM Twitter’s legal team on Wednesday night sent multiple users emails that said they had received complaints that some tweets critical of Byju’s violated Indian laws. MediaNama reviewed four of the emails to users, which cited tweets over the past few months that included off-the-cuff comments on its business and an allegation that it was promoting “fake news”. Separately, LinkedIn permanently banned Dr. Aniruddha Malpani, an angel investor who has been a vocal critic of the ed-tech company. Byju’s...Tags: Travel, Facebook, Twitter, News, India, Censorship, Narendra Modi, Linkedin, Pepsico, Shah Rukh Khan, Delhi High Court, Colgate, Crabtree, Mohit, Medianama, Byju 19 people like this. Like Indian online tutoring platform Vedantu raises $100 millionJuly 16, 2020 at 7:00 AM Investors are becoming more bullish on online education platforms in India as startups demonstrate growth at the height of a global pandemic that has severely impacted other industries.
Bangalore-based startup Vedantu said on Thursday it has raised $100 million in its Series D financing round, just five months after it closed its Series C funding.
U.S. based Coatue led the six-year-old Vedantu’s new financing round, with participation from some existing investors. The new funds valued Vedantu...Tags: Apps, Asia, Education, India, Funding, Tech, New Delhi, Bangalore, Krishna, Coatue, Vamsi Krishna, Vedantu, Byju's, Unacademy, Krishna Vedantu, Rahul Kishore 32 people like this. Like Sequoia announces $1.35 billion venture and growth funds for India and Southeast AsiaJuly 6, 2020 at 12:06 PM  Tags: Asia, Southeast Asia, Singapore, India, Tech, Venture Capital, Sequoia Capital, Sequoia, Oyo, Google India, Rajan Anandan, Sequoia Capital India, Byju's, Zilingo, Shailendra Singh, Khatabook 116 people like this. Like Indian edtech giant Byju’s in talks to acquire Doubtnut for more than $125MJune 26, 2020 at 12:00 PM  Tags: Fundings & Exits, Facebook, Apps, Asia, Education, India, Funding, Tech, New Delhi, Mary Meeker, TechCrunch, Byju, Sequoia Capital India, Byju's, Unacademy, India Byju 108 people like this. Like Mary Meeker’s Bond backs Indian online learning startup Byju’sJune 26, 2020 at 2:13 AM Indian online learning startup Byju’s has added one more high-profile name to the list of its backers: Bond.
In a statement on Friday, Bangalore-based Byju’s said it had raised an undisclosed amount from the VC fund co-founded by Mary Meeker. The first-female founded VC firm’s check valued the nine-year-old Indian startup at $10.5 billion, according to a person familiar with the matter.
TechCrunch reported early last month that Byju’s was in talks with some investors to raise as much as $400 mil...Tags: Facebook, Apps, Asia, Education, India, Funding, Tech, Atlantic, Qatar Investment Authority, New Delhi, Bond, Mary Meeker, Oyo, Byju, Byju's, Raveendran Byju 10 people like this. Like Indian education startup Byju’s is fundraising at a $10B valuationMay 1, 2020 at 5:56 PM Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million at a $10 billion valuation, said three people familiar with the matter.
The additional capital would be part of the Bangalore-based startup’s ongoing financing round that has already seen Tiger Global and General Atlantic invest between $300 million to $350 million into the firm.
That investment by the two firms thou...Tags: Facebook, Asia, Education, India, Funding, Tech, Atlantic, Qatar Investment Authority, Sequoia Capital, Tiger Global, New Delhi, General Atlantic, Bangalore, Paytm, Chennai, Oyo 29 people like this. Like Indian education startup Byju’s raises $200M from General AtlanticFebruary 7, 2020 at 6:26 AM Indian education startup Byju’s said on Friday that General Atlantic, an existing investor in the startup, has pumped additional money to join the new ongoing financing round. While the startup did not disclose the size of General Atlantic’s check, a person familiar with the matter told TechCrunch that it had invested $200 million in the new round at a valuation of $8 billion.
The announcement today comes weeks after Tiger Global committed to invest about $200 million in the nine-year-old sta...Tags: Apps, Asia, Education, Funding, Tech, Atlantic, Tiger Global, General Atlantic, Byju, Byju's 15 people like this. Like India’s edtech startup CollegeDekho raises $8 million to connect students with collegesMay 7, 2019 at 11:46 PM Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in Series B round.
The new financing round for the four-year-old Gurgaon-based startup was led by its parent company Girnarsoft Education and London-based private equity investor Man Capital, which also participated in the startup’s Series A round last year.
Ruchir Arora, founder and CEO of CollegeDekho told TechCrunch in an interview that the startup will use...Tags: Startups, Asia, London, Education, India, Funding, Tech, Venture Capital, Bangalore, Naspers, Gurgaon, Noida, Arora, Mukesh Ambani, Byju, CollegeDekho 40 people like this. Like Educational Play Kit Company Osmo Sold to India’s Edtech Firm Byju’s for $120MJanuary 17, 2019 at 7:37 PM  Tags: Google, Deals, Startups, Mobile, Hardware, Education, Internet, Entrepreneurship, India, Funding, San Francisco, Trends, Tech, Web, It, Vc 149 people like this. Like |
