Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the , a source familiar with the matter told TechCrunch, addressing one of the criticisms levelled against the Indian edtech giant in recent months. The Bengaluru-headquartered startup, , had pushed back on some payments for the … Read more

Byju’s cuts over 600 jobs, pushes back payments for $1 billion acquisition

Byju’s, India’s most valuable startup, has eliminated over 600 jobs in recent days and pushed back on payments for a $1 billion acquisition it announced last year. The Bengaluru-headquartered startup, , has cut over 300 jobs at Toppr, an online learning startup it acquired last year for $150 million, and at WhiteHat Jr, a kids-focused … Read more