Byju's, India's billion-dollar ed-tech start-up, is all set to hit the market with an Initial Public Offering (IPO) of its test preparation division Aakash, a Moneycontrol report said on Monday.

Byju's test-prep division Aakash to launch an IPO in mid-2024

Byju's Alpha was sued by an agent for lenders owed $1.2 billion after months of negotiations between creditors and the education technology firm, Bloomberg reported on Thursday.

Indian tech firm Byju's sued by agent linked to $1.2 billion loan: Report

Indian edtech firm Byju’s and Bollywood star Shah Rukh Khan have been asked to compensate an aspirant of the Indian Administration Service (IAS) for alleged “fraudulent behaviour” and “unfair trade practice”.

India: Consumer panel takes on Byju’s and Shah Rukh Khan for “fraudulent behaviour”

India's Directorate of Enforcement (ED) raided the offices of ed-tech unicorn Byju's in Bengaluru, Karnataka on Saturday (April 29). The ED raided two business premises linked to the company and one residential property linked to its founder Raveendran Byju, under provisions of the Foreign Exchange Management Act (FEMA).

India’s edutech unicorn Byju’s three offices in Bengaluru raided by ED sleuths

Edtech unicorn BYJU'S has begun a fresh round of layoffs, putting almost 900 plus employees from various teams and functions in jeopardy, as reported by YourStory.

BYJU'S cuts more than 900 jobs across teams, senior executives asked to step down too

BYJU's, a leading EdTech company, has named football star Lionel Messi as the first global brand ambassador of its social impact arm Education For All, the company said on Friday.

Amid massive job cuts, BYJU's names Messi an ambassador for equal education

A few weeks after announcing that the company was firing 2,500 employees, Byju's founder and chief executive Byju Raveendran has written an e-mail to the workers, explaining his decision.

India: BYJU's CEO says it is not 'layoff' but 'time off' after firing employees

Let us take a look at stories generating interest across WION's social media channels.

Trending on WION: Indian ed-tech giant Byju's lays off 2500 employees

BYJU’S on Wednesday said that it will be laying off around 2,500 employees, constituting 5% of its workforce across product, content, media, and technology teams.

World Business Watch: BYJU's to fire 2,500 employees as it eyes profitability by March 2023

The listing of Indian startups was in focus last year but within months of listing, many of them have crashed. One among India's most valuable start-ups, Byju's is valued at $22 billion but recently it reported a loss of over 4,500 crore rupees or $575 million for the fiscal year that ended on March 31, 2021.

Unicorn start-ups: Unreal valuations, heavy losses

After months of delay, Indian education company Byju's has finally made its audited financial statements public. However, the revelations are unlikely to end the swirl of controversy surrounding the nation's most valued startup.

After prolonged audit delay, Byju's reports $575 million losses in 2021

Byju's, the India's startup is now in the news for all the bad reasons and for its mounting troubles. There has been a lot brewing lately at the Bangalore headquartered EdTech unicorn Byju's. The company has been facing a series of allegations recently pertaining to its finances.

Edtech Unicorn Byju's denies allegations of finance troubles, mass layoffs

India’s online education provider Byju’s has laid off 2,500 employees across its group companies as the most valuable unicorn looks to mitigate the effects of slowing demand after two years of hypergrowth, according to Indian media reports.

India's edtech firm Byju’s sacks 2,500 employees, company says ‘recalibrating business priorities’: Report

It's been two years of this pandemic, two years since the coronavirus overshadowed everything and emerged as a bane in all of our lives. Two years of staying cooped up in our houses, two years of staying away from the things, the people, the experiences we love and two years of work from home (WFH).

Post-pandemic woes: Hundreds in Indian start-up opt to quit instead of going back to office

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