Byju’s Valued At $3 Billion By Investor Prosus, Was Worth $22 Billion Last Year
Byju’s annus horribilis has has a corresponding impact on the company’s valuation. Byju’s has been valued at less than $3 billion by its…
Category: Startups
Byju’s Employees Evicted From Gurugram Office Space Over Non-Payment Of Rent: Report
Byju’s has laid off thousands of employees this year, and the ones who’re still with the ed-tech giant aren’t having the best time…
Warren Buffett’s Berkshire Hathaway Exits Paytm With Rs. 800 Crore Loss
Warren Buffett is known as one of the world’s best investors, but he seems to have met his match in one of India’s…
Mamaearth’s Shares Hit 20% Upper Circuit After Company’s Profit Doubles
India’s startups haven’t had the best time at the stock markets, but the latest startup to go public appears to have hit the…
Zomato, Swiggy Slapped With Rs. 750 Crore GST Demand From Tax Authorities
It’s not just Byju’s who’s being accused of not having following taxation laws — Swiggy and Zomato have received a notice from the…
ED Issues Byju’s Show-Cause Notice For Rs. 9,362 Crore Foreign Exchange Act Violation
India’s most valuable startup on paper continues to lurch from one crisis to another. The Enforcement Directorate has issued a show-cause notice to…
490 Of 700 OpenAI Employees Including Ilya Sutskever Write Letter Asking Board To Resign
The drama at OpenAI simply refuses to die down. As many of 490 of OpenAI’s estimated 700 employees have signed an open letter…
OpenAI Employees Post “OpenAI Is Nothing Without Its People” After CEO, President Move To Microsoft
The OpenAI drama has had more twists and turns than a Bollywood potboiler. OpenAI employees are posting “OpenAI Is Nothing Without Its People”…
Sam Altman, Greg Brockman Join Microsoft After Being Ousted From OpenAI
OpenAI’s board had carried out a coup by ousting its CEO and President, but the company’s biggest investor has carried out a coup…