Byju’s cuts over 600 jobs, pushes back payments for $1 billion acquisition

Byju’s, India’s most valuable startup, has eliminated over 600 jobs in recent days and pushed back on payments for a $1 billion acquisition it announced last year.
The Bengaluru-headquartered startup, valued at about $22 billion, has cut over 300 jobs at Toppr, an online learning startup it acquired last year for $150 million, and another 300 jobs at WhiteHat Jr, a kids-focused coding platform it acquired two years ago for $300 million.
The development follows Byju’s extending the deadline for making parts of the payments for a ~$1 billion acquisition of Aakash, a 34-year-old chain of physical

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