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BYJU’s Trims Costs, Vacates 4 Lakh Sq Ft Bengaluru Office Space

BYJU'S vacated a 400,000 square feet property at Prestige Tech Park in Bengaluru to trim expenses. The rental agreement for the property was terminated, adjusting the deposit to offset rent defaults. BYJU'S had been paying a monthly rental of approximately INR 4 Cr for the office...

CashKaro Narrows Its Loss 25% YoY In FY23, Crosses INR 250 Cr Revenue Mark

CashKaro, a coupons and cashback app, reported a 15% YoY increase in operating revenue to INR 248.6 Cr in FY23, driven by e-voucher sales. Total expenses rose 13% YoY to INR 262.8 Cr in FY23, with e-voucher purchases being a new expense head. Cashback spending was...

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Fresh trouble for BYJU’S as it receives another insolvency notice

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Latest articles

BYJU’s Trims Costs, Vacates 4 Lakh Sq Ft Bengaluru Office Space

BYJU'S vacated a 400,000 square feet property at Prestige Tech Park in Bengaluru to...

CashKaro Narrows Its Loss 25% YoY In FY23, Crosses INR 250 Cr Revenue Mark

CashKaro, a coupons and cashback app, reported a 15% YoY increase in operating revenue...

China mortgage rate cuts, to support the struggling property market

China announced its largest-ever reduction in the benchmark mortgage rate, cutting the five-year loan...

Zee, Sony in discussions to save the called off $10 billion merger

Zee Entertainment Enterprises (ZEEL) and Sony Group are in talks to revive their $10...