Byju’s Marketing Strategy: The Success Mantra of Byju’s
With the invention of E-Learning, the education system in India has revolutionized, offering more opportunities for students to learn from the best. Many e-learning platforms in India offer students the opportunity to attend live classes, watch pre-recorded lectures, take mock tests, and much more. Among the best e-learning platforms in India, Byju stands at the…
Byju No Longer A Billionaire, Net Worth Falls To Zero
Recently, Forbes released its latest Billionaire Index 2024, revealing that Byju’s Raveendran’s net worth has plummeted to a big fat zero. Raveendran’s net worth a year ago stood at Rs. 17,545 crore, and he was featured on the ‘World Richest List’ of numerous prestigious magazines, but the recent hardships he faced have drowned his net…
Byju’s Stops PF Credit And Reduces Notice Period
Once valued at a whopping $22 billion, Byju’s has hit the ground. Previously, the founder of Byju’s had put his own house on mortgage to pay his employees’ salaries. Now, the top brass at Byju’s has reduced the mandated notice period for employees. Previously 30 to 60 days, the mandatory notice period has been reduced…
Byju’s New CEO Arjun Mohan All Set To Fire 4500 People
The newly appointed CEO of Byju’s, Arjun Mohan, who took charge of the company on 20 September, has made a decision to fire more than 4500 people as a way to restructure the business and cut costs. In a meeting, Mohan briefed the company’s senior executives that he would be merging several business verticals as…
BYJU’s Co-Founder Divya Gokulnath Confirms Aakash Upcoming $1 Billion IPO
BYJU’s planning to bring the Initial Public Offering(IPO) of its subsidiary Aakash Educational Services. It was acquired by BYJU’s for $1 Billion in 2021. Divya Gokulnath, co-founder of BYJU’s confirms that they are preparing to launch the Aakash IPO at the massive valuation of $3.5 to $4 Billion. The upcoming IPO is expected to be…
Byju’s To Fire 2000+ Employees For Increasing Profits
Popular Edtech firm Byju’s will be freeing off 2500 employees. We recently heard about the case of moonlighting in Wipro. Along with that, TCS(Tata Consultancy Services) also came up with the sacking of employees. After successfully running for almost a decade, India’s most popular Edtech decided to rebuild itself. Aiming for global recognition and exceptional…
Byju’s Conducted Fresh Round Funding Worth $22 Billion
Edtech company Byju’s acquired Aakash Educational Services in a cash and stock deal in April last year for $1 Billion, for which it has delayed payments. Byju’s was supposed to close the transaction in June but has extended the payment timeline to August, sources said, but it was delayed due to some internal reason. Now,…
Leading Female Entrepreneurs in India
Female entrepreneurs in India have been making their identity across all domains and industries. Women have shown their remarkable journey from owning e-Commerce brands, herbal cosmetics to India’s largest biopharmaceutical company. From a few completely new faces like Falguni Nayar, Shehnaz Hussain, Ghazal Alagh to some Bollywood actresses who have turned into entrepreneurs such as…
Ex-executive of BYJU’s Chetna Gogia Appointed as CHRO at GoKwik
Former BYJU’s executive and HR Head at PolicyBazar, Chetna Gogia is now appointed as the New Cheif Human Resource Officer at GoKwik. GoKwik, an e-Commerce enablement company has appointed Chetna Gogia as the new CHRO. Here, she will be a key player in aiding to its growth path and complementing GoKwik all remote, people-centric culture. …
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