Audit firm Deloitte has resigned as the auditor of edtech company Byju’s, citing a significant delay in the submission of financial statements. Deloitte had been scheduled to audit Byju’s until 2025 but stepped down, stating that the delays would impact its ability to perform the Continue Reading
The decacorn of educational technology Sumeru Ventures, Vitruvian Partners, and BlackRock led a new $800 million funding round for Byju’s. Byju Raveendran, the founder and CEO of Byju’s, is also a part of this fund-raise and has put up $400 million of his own money. According to sources familiar with the situation, the valuation has […]Continue Reading