Tag: byju
Byju’s executive and business ally face US court sanctions for draining $1 million, assets from subsidiaries
A US federal judge is considering to impose millions of dollars in sanctions on Vinay Ravindra, the chief content officer of troubled Indian edtech firm…
Byjus is worth zero now: Founder Byju Raveendran on his once $22 billion edtech giant | Trending
Byju Raveendran, the Indian mathematics teacher who founded the prominent ed-tech platform Byju’s, has made a startling declaration regarding the company’s financial status. In a…
Top 5 reasons for the downfall of Byju’s: From $22 billion to less than $3 billion in just one year
Troubled edtech major Byju’s, which was once an investor’s favourite , saw its valuation plummet by a staggering 86% from $22 billion to less than…
‘I did not run away,’ says Byju Raveendran on his move to Dubai: Report
Byju Raveendran, the founder of troubled edtech major Byju’s, took up his first virtual press conference in the last four years to clear misconceptions regarding…
Byju’s founder Raveendran says missing funds went to legitimate purpose
The founder of Byju’s, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer…
Byju’s: Byju’s founder says missing millions went to legitimate purpose
The founder of Byju’s, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer…
SC halts CoC meetings at Byju’s; tells resolution professional to maintain status quo
The Supreme Court on Thursday temporarily halted all meetings related to the insolvency proceedings of debt-laden edtech firm Byju’s, asking the interim resolution professional (IRP)…
SC questions NCLAT verdict approving settlement of BCCI claim of Rs 158.9 cr by Byju’s
The Supreme Court on Wednesday questioned the verdict of insolvency appellate tribunal NCLAT setting aside the insolvency proceedings against ed-tech major Byju’s and approving its…
Delaware court says Byju’s defaulted on $1.5 billion loan, favours US lenders
The Delaware Supreme Court ruling has affirmed that edtech firm Byju’s has defaulted on Term Loan B. Byju’s crisis: The Delaware Supreme Court has upheld…
Byju’s: Delaware Supreme Court holds Byju’s in default of $1.5 billion loan
The highest court in the US state of Delaware has upheld a ruling by a lower court that held edtech firm Byju’s to be in…