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Leading edtech firm Think and Learn, the parent company of Byju's, has announced substantial cuts in course subscription fees along with significant increases in sales incentives

Byju's announces major price reductions to boost sales

May 9, 2024, 04:29 PM - 2 min read

Addressing a gathering of 1,500 sales associates and managers, Byju Raveendran outlined a revamped sales strategy focused on scalability and flexibility. One of the key highlights of this strategy is the reduction in subscription fees, with the annual subscription for the Byju's Learning App now available at a discounted price of Rs 12,000, inclusive of taxes. 

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Byju's, edtech firm finds itself at the intersection of financial development and legal scrutiny as its founder and CEO, Raveendran, encourages shareholder engagement in the fully subscribed $200 million rights issue.

Byju's rights issue fully subscribed despite legal challenges

February 22, 2024, 11:55 AM - 2 min read

 Raveendran stated, "Our rights issue is fully subscribed and my gratitude to my shareholders remains strong." he emphasized, "My benchmark of success is the participation of all shareholders in the rights issue, we have built this company together and I want us all to participate in the renewed mission. Your initial investment laid the foundation for our journey and this rights issue will help preserve and build greater value for all stakeholders"

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Byju's financial trouble worsens: Raveendran pledges personal assets

December 5, 2023, 06:47 PM - 2 min read

Indian Edtech giant Byju's financial troubles are far from over as founder Byju Raveendran has reportedly used his residence, along with homes owned by his family members, as collateral to secure funds.

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