Indian Startups Community

by Corporatesucks

Stealth

a year ago

Byju's disqualifies lender

Byjuites here, how are the things at the organisation? With Byju's disqualifying its lenders and filing counter-suit, I expect things may not have improved as many of us would have hoped for the largest ed-tech. Are silent lay-offs still happening?? Any other worrying signs??

Bloom

Paytm

a year ago

https://themorningcontext.com/internet/byjus-to-lay-off-1000-employees?type=short

Yamprofessional

Stealth

a year ago

Can you paste this here

Bloom

Paytm

a year ago

Not able to copy content / paste the screenshot

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Indian Startups on

by AGIcoming

Google

a year ago

Byju's defaulted on its $1.2 bn loan. Red signs!!!!

Layoffs on

by JJproduct

Startup

2 years ago

Hearing really bad news from BYJUs, firm has silently laid off upto 15-20 K people in months

People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?

Indian Startups on

by GoldenHandcuff

Amazon

8 months ago

Byjus Valuation Sliced By 99% - Rasing a 200 million $ through rights issue at 250 million dollars

News Discussion on

by randomjocke

Porter

2 years ago

What’s happening with byjus?

First the audit report got delayed. Now they’ve reported a loss of over 4.5k cr. And I believe they’re like a mothership of edtech, if they gone down then the entire category goes down from an investment perspective

Layoffs on

by StartupBabaSr

Zomato

a year ago

Byju's about to close $250 million funding

Just heard that Byjus is about to close $250 million funding. Can someone confirm if this is true?

News Discussion on

by SabChangaSi

Stealth

3 months ago

Byju's bank accounts frozen

NCLT has frozen Byju's bank accounts. A big blow not to Byju's, but to those waiting for salaries and payouts. This process usually takes petitions in court to resolve and isn't straightforward. https://timesofindia.indiatimes.com/business/india-business/fresh-trouble-for-byjus-as-nclt-blocks-rights-issue/articleshow/110979870.cms

Indian Startups on

by Droughtbear

Student

a year ago

BJYU’s employees won their rights by threatening to go on strike

Byjus has announced no further layoffs, promised the payment of incentives and increments after their employees threatened to go on strike. Huge for the Aam worker, collective bargaining in 2023 in the startup scene. https://flip.it/bNe-Oq Byju's Averts Workers' Strike; Rules Out More Layoffs At Tuition Centres