Tag: cash crunch

Embattled edtech major Byju’s has decided to rebrand its wholly-owned subsidiary, WhiteHat Jr, while integrating the coding company’s assets into other business verticals, including its holding entity, Think & Learn Pvt, according to the sources. The edtech giant will rebrand WhiteHat Jr as Byju’s Future School with an expanded offline presence. In 2020, Byju’s had acquired WhiteHat Jr for $300 million cash deal, which has been one of the company’s biggest loss-making subsidiaries. The edtech major has infused over $100 million into the company since the acquisition for...