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EdTech

BYJU’S Divya Gokulnath calls BCCI dues reports “Hearsay”

The Board for Control of Cricket in India (BCCI) claimed that there was a ‘deliberate leak’ after the apex council meeting following media reports that edtech major BYJU’s owes BCCI INR 86.21 Cr in dues. Simultaneously, BYJU cofounder Divya Gokulnath penned a venomous LinkedIn post, dismissing media reports as hearsay.

“The oddity of the fake news story that we had not paid our dues to the BCCI was only matched by the urgency with which’media’ organizations’reported’ it,” Gokulnath wrote in his post. “Even in this age of post-truth and post-reporting verification, we expect real journalists to do some basic fact checks and not be swayed by hearsay and concocted stories by vested parties,” she added. According to a ToI report citing BCCI sources, the information could have been leaked by someone with direct knowledge of the apex council meeting. However, the cricket board rejected the information as incorrect, claiming that no contract exists between it and BYJU’s.

by INC42

It’s been a blockbuster week for startup IPOs. Lenskart and Groww wrapped up their public listings, together pulling in nearly INR 14,000 Cr. Hot on the heels, Pine Labs hit the markets with its INR 3,900 Cr IPO.  But now, all eyes are on edtech unicorn PhysicsWallah, which is gearing up for its big moment. With a price band of INR 103–INR 109 per share, the company will open its IPO on Tuesday, marking the final stretch of its journey to Dalal Street. A quick recap: The edtech major filed its RHP earlier this week for an INR 3,480 Cr… Source link

by PNN

Lucknow (Uttar Pradesh) [India], November 8: The Indian Institute of Management Lucknow, in collaboration with TimesPro, a leading higher-edtech platform, has opened admissions to the 10th batch of its Chief Strategy Officers Programme. Purpose-built for senior professionals, the programme equips leaders to elevate strategy, steer business units and drive transformation and multi-region growth in a rapidly evolving global landscape. The 10-month Chief Strategy Officers Programme is designed to sharpen strategic thinking and execution,… Source link

by INC42

SUMMARY Robotics startup Emotix, the parent of AI-powered kids’ robot brand Miko, has raised $10 Mn (INR 88.5 Cr) from US-based audio media giant iHeartMedia through the issuance of preferential shares Beyond the funding, Miko and iHeartMedia have reportedly entered a strategic partnership that will see iHeart’s expansive library of audio content integrated into Miko’s interactive robots The move is expected to deepen Miko’s footprint across the US and enhance engagement for young users through family-friendly… Source link