Latest news with #Playstore
The Hindu
3 days ago
- Business
- The Hindu
Byju's Learning app delisted from Google Play Store
Beleaguered edtech firm Byju's learning app has been delisted from Google Play Store due to non-payment of dues to its vendor Amazon Web Services, according to sources. AWS has been trying to resolve payment issues with Think and Learn, which operates under the Byju's brand, since April last year. "BYJU's Learning app has been delisted from Playstore because of non-payment to Amazon Web Services (AWS), which provides support to the app. Byju's business is now being managed by an Insolvency Resolution Professional who has to manage all payment-related issues as well," a source told PTI. An email sent to Think and Learn's Insolvency Resolution Professional (IRP) Shailendra Ajmera did not elicit any reply. "Apps, which are being handled by other vendors, are functional as of now," sources aware of the development said. Byju's Premium Learning app and Byju's Exam Prep app continue to be available on Google Play Store. When contacted, an AWS spokesperson said, "AWS has been working with Think and Learn Private Limited since April 2024 to resolve its outstanding AWS account balance. We remain hopeful that this matter can be resolved. Separately, we are unable to comment on any actions taken by other technology providers with respect to the BYJU'S app". Byju's Learning App covered mathematics, physics, chemistry and biology for classes 4-12 and social studies for classes 6–8 as well. The app also provides preparation support for competitive exams like JEE, NEET, and IAS. The app continues to be available on Apple's App Store. The National Company Law Appellate Tribunal has started insolvency proceedings against Byju's on appeal by various investors, including lender-authorised agency Glas Trust.
Time of India
3 days ago
- Automotive
- Time of India
Setco Automotive's Q4 revenue rises 19% to ₹210 crore
Setco Automotive Limited on Wednesday reported a 19 per cent year-on-year (yoY) rise in its revenue for the fourth quarter of FY25, rising to an all-time high of ₹210.6 crore. For the full financial year ending March 31, 2025, it saw 12.2 per cent increase in revenue, reaching ₹718.6 crore. The company attributed the growth to rise in exports, IAM sales, and OES sales, alongside significant improvements in EBITDA margins and the successful turnaround of Lava Cast. EBITDA for Q4 FY25 stood at ₹40.6 crore, a significant rise from ₹22.01 crore in the same period last year, marking an 84.0 per cent growth. The EBITDA margin for Q4 FY25 was 19.3per cent, an improvement of 680 basis points YoY. For FY25, EBITDA reached ₹109.2 crore, compared to ₹72.5 crore in FY24, a 50.7 per cent YoY growth. The EBITDA margin for the full year stood at 15.2 per cent . Other achievements Additionally, Setco received an award from SEEM for Energy Management for its UKD plant. The company successfully launched the 'Drive Rewards' programme with the Setco App (Playstore: Setco Connect), onboarding over 20,000 mechanics and retailers. During the first half of the year, banks sanctioned the restructuring of Lava Cast's debt, leading to the withdrawal and disposal of the insolvency petition. Lava Cast's Q4 EBITDA margin improved to 11 per cent , achieving a positive EBITDA for the year. Lava Cast recorded its best-ever rejection rates for the year, achieving less than 5 per cent . This improvement is attributed to rigorous quality checks and advanced production processes. Harish Sheth, Chairman & MD of Setco Automotive, said 'I am pleased to share that this has been a landmark quarter and year for us, delivering the highest-ever quarterly and yearly sales and EBITDA in the company's history. Our revenue touched an all-time high of ₹210.6 crore for the quarter, crossing the ₹200 crore mark for the first time, reflecting a YoY growth of 19.0per cent . This performance underscores the continued trust of our customers and the growing demand for our products across key markets."
Time of India
4 days ago
- Business
- Time of India
Byju's Learning app delisted from Google Playstore due to non-payment to vendor
HighlightsThe beleaguered educational technology firm Byju's has had its learning application removed from the Google Play Store due to non-payment of dues to Amazon Web Services. Byju's business is currently under the management of an Insolvency Resolution Professional who is responsible for addressing all payment-related issues. Insolvency proceedings against Byju's have been initiated by the National Company Law Appellate Tribunal following appeals from various investors, including the lender-authorised agency Glas Trust. Beleaguered edtech firm Byju's learning app has been delisted from Google Playstore due to non-payment of dues to its vendor Amazon Web Services , according to sources. While some of the other apps of Think and Learn , which operate under the Byju's brand, continue to be functional on Google Playstore. "BYJU's Learning app has been delisted from Playstore because of non-payment to Amazon Web Services, which provides support to the app. Byju's business is now being managed by an Insolvency Resolution Professional who has to manage all payment-related issues as well," a source told PTI. An email sent to Think and Learn's Insolvency Resolution Professional (IRP) Shailendra Ajmera did not elicit any reply. Byju's Leaning App covered mathematics, physics, chemistry and biology for classes 4-12 and social studies for classes 6-8 as well. The app also provides preparation support for competitive exams like JEE, NEET, and IAS. The app continues to be available on Apple's App Store. Byju's Premium Leaning app and Byju's Exam Prep app continue to be available on Google Playstore. The National Company Law Appellate Tribunal has started insolvency proceedings against Byju's on appeal by various investors, including lender-authorised agency Glas Trust.
Mint
4 days ago
- Business
- Mint
Here's why Byju's learning app was delisted from Google's Playstore…
Trouble edutech unicorn Byju's learning app has been delisted from the Google Playstore for non-payment of vendor dues, according to a PTI report, citing sources. The matter has been under works between Think and Learn Pvt Ltd, the parent company of Byju's, and vendor Amazon Web Services (AWS), since April 2024, it added. Till time of writing PTI did not recieve a reply to their emailed queries from Shailendra Ajmera, Think and Learn's Insolvency Resolution Professional (IRP), it added. 'BYJU's Learning app has been delisted from Playstore because of non-payment to Amazon Web Services (AWS), which provides support to the app. Byju's business is now being managed by an Insolvency Resolution Professional who has to manage all payment-related issues as well,' a source told PTI. A spokesperson for AWS told PTI that the company has been working with Think and Learn since April 2024, 'to resolve its outstanding AWS account balance. We remain hopeful that this matter can be resolved. Separately, we are unable to comment on any actions taken by other technology providers with respect to the BYJU'S app'. Yes. Till time of writing, the Byju's Learning app continues to be available on Apple's App Store. Byju's Leaning App covered mathematics, physics, chemistry and biology for classes 4-12 and social studies for classes 6–8 as well. The app also provides preparation support for competitive exams such as JEE, NEET, and IAS. According to the sources, Byju's apps which are handled by other vendors (not AWS), are functional 'as of now'. At time of writing, the Byju's Premium Leaning app and Byju's Exam Prep app were both available on Google Playstore. The National Company Law Appellate Tribunal (NCLT) has started insolvency proceedings against Byju's on appeal by various investors, including lender-authorised agency Glas Trust.
NDTV
5 days ago
- Business
- NDTV
Byju's App Removed From Google Playstore Over Unpaid Dues To Vendor: Report
New Delhi: Beleaguered edtech firm Byju's learning app has been delisted from Google Playstore due to non-payment of dues to its vendor Amazon Web Services, according to sources. While some of the other apps of Think and Learn, which operate under the Byju's brand, continue to be functional on Google Playstore. "BYJU's Learning app has been delisted from Playstore because of non-payment to Amazon Web Services, which provides support to the app. Byju's business is now being managed by an Insolvency Resolution Professional who has to manage all payment-related issues as well," a source told PTI. An email sent to Think and Learn's Insolvency Resolution Professional (IRP) Shailendra Ajmera did not elicit any reply. "Apps, which are being handled by other vendors, are functional as of now," sources aware of the development said. Byju's Leaning App covered mathematics, physics, chemistry and biology for classes 4-12 and social studies for classes 6-8 as well. The app also provides preparation support for competitive exams like JEE, NEET, and IAS. The app continues to be available on Apple's App Store. Byju's Premium Leaning app and Byju's Exam Prep app continue to be available on Google Playstore. The National Company Law Appellate Tribunal has started insolvency proceedings against Byju's on appeal by various investors, including lender-authorised agency Glas Trust.
