The government yesterday advised students & parents to be careful while choosing #onlineeducation through edtech companies. an advisory highlighted that "free services" are offered by some edtech firms.

Read at
https://www.moneycontrol.com/news/business/companies/government-cautions-against-predatory-edtech-tricking-parents-into-paying-for-free-services-7860911.html

#Byjus #edtech #UpGrad #Vedantu

#NewsAlert | BYJU'S, India’s most valuable startup, is in talks with lenders to raise more than $1 billion in acquisition financing, sources say

Source: Bloomberg

#Byjus #Startup #StartupsWithMC

The last six months have seen the tide turn against #Byjus as factors like the year-long delay in filing of FY21 annual report, a large number of layoffs, and its fundraising engine was reported to be sputtering spooked the stakeholders.

Here are five problems that came through from the audit notes 👇

https://bit.ly/3RNM0rI

Byju’s names Lionel Messi as global brand ambassador to promote #EducationForAll.

The partnership comes with commitments between #LionelMessi and #Byjus wherein the #edtech major may offer free licenses and learning materials for his foundation.

“This association with one of the world’s most popular sportspersons is in sync with the expanding global footprint of Byju’s and its commitment to making education accessible, equitable, and affordable for all”, the company’s prepared statement said on Friday.

📹Watch the video for more

#MCTech3 ⚡️ Top tech and startup news this evening

✴️ Lenders hit back at Byju's
✴️ Fintechs cheer RBI's FLDG nod
✴️ Zomato, Paytm shares rally

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bit.ly/3X0098D

#Byjus #Fintech #RBI #FLDG #Zomato #Paytm

#TechWithMC | 📢 Karnataka labour minister urges Byju's to settle dues of former employees. Complaints from nearly 200 employees total around ₹4.5 crore in unpaid dues.

Click ⤵️ for more info!
https://www.moneycontrol.com/technology/karnataka-labour-minister-urges-byjus-to-settle-dues-of-former-employees-article-12759977.html

#Karnataka #Byjus #Dues #Unpaidsalaries #employees

#Business | 🚨 NCLT orders Byju's: Pay salaries or face audit! 💰 April & May salaries paid, but February and March still pending.

Click ⤵️ for more info!
https://www.moneycontrol.com/news/business/nclt-tells-byjus-to-pay-salaries-or-face-an-audit-12762115.html#google_vignette

#NCLT #Byjus #Salaries #Audit