Byju's was dragged into insolvency on 16 June 2024, after defaulting on a ₹158 crore payment to the Board of Control for Cricket under a jersey sponsorship agreement. (File Photo: Reuters) MUMBAI: The ...
NEW YORK--(BUSINESS WIRE)--The steering committee of the ad hoc group of term loan lenders (the “Lenders”) of the $1.5 billion Term Loan B (the “Term Loans”) provided to BYJU’S Alpha, Inc. (“BYJU’s ...
Byju Raveendran has not stepped back into India since leaving it at the end of 2023, much before BYJU’S came crumbling down after a series of catastrophes ranging from investor spats to unpaid ...
Byju Raveendran, the founder of Indian tech firm Byju’s, tried to convince a Nebraska businessman to leave the US in order to avoid testifying in federal court about suspicious activities he observed ...
Bottom line: Once a celebrated edtech company in India, Byju's serves as a stark reminder of how quickly fortunes can change in the high-stakes world of tech startups. It's a narrative that will ...
BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns ...
Byju's appeal to settle $19 million debt with BCCI approved by the India's NCLAT. The order halts insolvency proceedings initiated by BCCI against Byju's. Settlement personally funded by Riju ...
An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. The ruling effectively ...
A U.S. unit of what was once among the hottest Indian education-tech startups filed for bankruptcy following a $1.2 billion loan default that the company disputed. Byju’s Alpha’s, a U.S. shell entity ...
Troubled edtech major BYJU’S CEO Byju Raveendran has reportedly asked its investors to infuse $300 Mn into the company in lieu of larger shareholding in the company. The recent development comes at a ...
Forbes contributors publish independent expert analyses and insights. I write about Indian entrepreneurs. Shareholders of Think & Learn, the parent company of edtech firm Byju’s, approved the ...
Byju Raveendran, the eponymous founder of Indian edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a ...
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