More Stories on Byju's
Over the last year and a half, Byju's has acquired two additional major edtech companies in the United States

Byju's acquires coding site Tynker to accelerate US expansion

Sep 16, 2021

This acquisition will enable Byju's to expand its US footprint by providing access to the more than 60 million students in Tynker's existing global user base

Ambani on bridging vaccine divide; Tesla to organise AI day

Jun 22, 2021

Mukesh Ambani calls for bridging COVID-19 vaccine, digital divide; Byju's raises $50 million from IIFL, other investors; Tesla to organise AI day in 'about a month' for recruitment: Elon Musk; Tatas aim to raise up to $2.5 billion for their digital business. This and more news on News Blast.

Also Read: 'States raised an additional Rs 1.06 lakh cr in FY21,' says PM Modi

Byju's raises $50 million from IIFL, other investors

Jun 22, 2021

'Pure plumbing failure': Nobel laureate Abhijit Banerjee describes India's COVID-19 lockdown

Nobel laureate Abhijit Banerjee has said the nationwide lockdown imposed by the Indian government last year to curtail the spread of COVID-19 infections, and the resultant migration of poor people from cities to their villages by walking hundreds of kilometres on foot was a "pure plumbing failure". Citing the migrants in cities who cannot take advantage of government's welfare scheme there, Banejee said India is an example of a country where they had not thought through their plumbing.

Byju's raises $50 million from IIFL, other investors

Edtech firm Byju's has raised $50 million in its Series F funding round from investors. According to regulatory filings, the amount was raised from IIFL and Maitri Edtech. IIFL invested $35 million, while Maitri Edtech invested $15 million.

Tesla to organise AI day in 'about a month' for recruitment: Elon Musk

Tesla Inc chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the progress in AI software and hardware with an aim to recruit. His latest plan to promote Tesla's technology comes amid the hiccups faced in the company's path to achieve full self-driving technology.

Mukesh Ambani calls for bridging COVID-19 vaccine, digital divide

Reliance Industries CMD Mukesh Ambani on Monday called for bridging the COVID-19 vaccine divide among nations and also digital divide. Speaking at the Qatar Economic Forum, Ambani said connectivity and communications have become basic need and fundamental right of every human being.

No scientific evidence of COVID-19 vaccine leading to infertility in men, women: Health Ministry

The Union health ministry on Monday reiterated there is no scientific evidence of COVID-19 vaccination causing infertility in men and women and asserted the jabs are safe and effective. There have been media reports expressing concern regarding infertility due to COVID-19 vaccination among people of reproductive age, the ministry said in a statement.

Tatas aim to raise up to $2.5 billion for their digital business

With the super app in the making and expansion of digital business, Tata Sons is looking for investors to pump in money. The company reportedly approached global investors to raise an estimated $2-2.5 billion for its digital business as the company prepares for the pilot launch of its super app in Bengaluru in September.

Launched in 2015, Byju's has over 80 million students cumulatively learning from the app, 5.5 million annual paid subscriptions, and an annual renewal rate of 86 per cent

Byju's acquires Aakash Educational Services for $1 billion

Apr 05, 2021

Byju's said the deal is a strategic partnership with AESL, which is a leader in test-prep services. However, the companies did not comment on the financial details of the deal

Start-ups rake in $9.9 bn funding across 881 deals in 2020

Mar 08, 2021

Start-ups rake in $9.9 bn funding across 881 deals in 2020

In 2020, a majority of IPOs were launched in the second half after market sentiment improved after the historic March crash.

LIC, PolicyBazaar, Flipkart and more: Top 10 IPOs to watch out for in 2021

Feb 08, 2021

The IPO market is likely to see a number of big-ticket launches due to positive market sentiment, which has led the Sensex and Nifty to record highs in 2021

The all-cash deal is Byju's fifth acquisition and also its largest to date

Byju's buys code training app WhiteHat Jr for $300 million

Aug 06, 2020

In an official statement released by Byju's on Wednesday evening, it will make substantial investments in WhiteHat Jr's technology platform as well as product innovation

Byju's raises $200 mn in fresh funding; RBI now has 1 million Twitter followers

Nov 23, 2020

Byju's has raised $500 million in a fresh funding round from private equity (PE) players BlackRock and T. Rowe Price; With one million Twitter followers, the Reserve Bank of India has become the world's first central bank to achieve the milestone; India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said on Sunday. Watch this and more on News Blast.

Also Read: India likely to report current account surplus for FY21: CEA

With the latest investment Byju's has raised more than $2.3 billion from investors in 18 funding rounds so far

Edtech firm Byju's raises $200 million in fresh funding; valuation swells to $12 billion

Nov 22, 2020

With the latest funding round, Byju's has further narrowed its valuation gap with digital payments platform Paytm, which presently enjoys a valuation of $16 billion, as per the Hurun India Unicorn Index 2020

Indian tech companies that are expected to launch an IPO in 2021-22

Oct 13, 2020

Indian tech companies that are expected to launch an IPO in 2021-22

Flipkart, Paytm, Byjus, BigBasket and other tech companies are expected to launch IPO in 2021/2022

Top 10 internet IPOs to watch out: Flipkart, Paytm, Byjus, Big Basket & more

Oct 07, 2020

According to a report by Bernstein, key segments like e-commerce, financial technology and education technology have grabbed investors' interest due to structural shift in consumer behaviour in wake of coronavirus pandemic