Entreprenuernewsnetwork

Byju’s lays off nearly 1,500 employees

According to media sources, edtech unicorn Byju’s has fired over 1,500 workers in a new round of layoffs. Employees mostly from the design, engineering, and production verticals have been impacted by the layoffs. Around 2,500 employees, or 5% of Byju’s workforce, were let go in October. Around 1,500 people were let go by Byju’s due … Read more

Byju’s named Krishna Vedati as its President of Global Growth and Strategic Initiatives

Krishna Vedati has been appointed president of global growth and strategic initiatives of BYJU’S. Tynker’s co-founder and CEO, Vedati, will report to Byju Raveendran and be a member of the executive committee. Tynker is a BYJU’S enterprise. Vedati will be succeeded as CEO of Tynker by Srinivas Mandyam, Co-Founder and Chief Technology Officer, and Kelvin … Read more

Aakash+BYJU’S named Rahul Kumar as Head-Product Management

Aakash + BYJU’S, the national leader in test preparatory services, has appointed Mr Rahul Kumar as Head – Product Management of the company.  Rahul will be responsible for leading the overall product function across product management, design, analytics and product operations and will help in building culture and scaling products to better learning experiences and outcomes … Read more

BYJU’S named Jiten Mahendra as Vice President & Head Marketing

BYJU’S named Jiten Mahendra as Vice President & Head Marketing. He is leaving Landmark Group as senior vice president of marketing. Mahendra made a change to his LinkedIn profile to reflect his new location. His post read, “My 12-year-long innings with the Landmark Group and Max Fashion come to an end. I am thankful to Vasanth … Read more

Byju’s will spend $200 million to extend its hybrid tuition model

Byju’s, India’s largest ed-tech firm, plans to invest $200 million to expand and grow its hybrid tuition business. Over the next two years, the infusion will take place. “We have USD 200 million to invest over the next two years for use in exponential expansion of the ‘Tuition Centre model,” Himanshu Bajaj, head of Byju’s … Read more

BYJU’S named Vedhanarayanan Ganeshkumar as VP – Technology

BYJU’S, the leading edtech business, today named Vedhanarayanan Ganeshkumar as Vice-President, Technology, as part of its drive to further enhance its technology vertical. BYJU’S has been investing in the powerful synergy of technology and innovation by scaling its robust tech staff as a tech-driven worldwide leader in education. This new appointment is part of BYJU’s … Read more

Byju’s raises $800 million,Founder Byju Raveendran Invests $400 Million

BYJU’S, the world’s leading edtech company with 150 million learners globally, today announced it has raised $800 million from Sumeru Ventures, Vitruvian Partners and BlackRock. Byju Raveendran, Founder & CEO of BYJU’S, is also part of the funding round and has made a personal investment of $400 million. Byju Raveendran, Founder & CEO, BYJU’S, said, “We continue to deliver accelerated … Read more

BYJU’S named Himanshu Bajaj as Head of Business – BYJU’S Learning Centre

Himanshu Bajaj

Himanshu Bajaj has been named Head of Business at BYJU’S Learning Centre, the world’s biggest edtech startup and inventor of India’s most popular school learning app. Himanshu’s responsibilities will include overseeing the growth and extension of BYJU’S Learning Centre, as well as providing strategic business growth and thought leadership direction for the brand and company. … Read more