Tag: byju raveendran
Byju Raveendran: Unable to process salaries because of investor dispute: Byju Raveendran to staff
Embattled edtech Byju’s founder Byju Raveendran told employees on Saturday that the company is still unable to process salaries, as it is unable to utilise…
Byju Raveendran: I continue to remain CEO: Byju Raveendran to staff
Byju Raveendran, founder of troubled edtech Byju’s, emphasised to his staff in a note on Saturday saying he remains the chief executive of the firm…
byjus: Face-off likely at EGM over plan to oust Byju’s CEO
Investors in edtech firm Byju’s parent Think & Learn Pvt. Ltd who have called today’s extraordinary general meeting (EGM) have raised concerns over the management’s…
byjus crisis: Byju Raveendran, Divya Gokulnath and Riju Ravindran to skip company’s EGM
Byju’s on Thursday said its founder Byju Raveendran, his wife and cofounder Divya Gokulnath, and his brother Riju Ravindran will not attend the extraordinary general…
byjus rights issue: Read the full text of Byju Raveendran’s letter to shareholders on rights issue, board restructuring
is fully subscribed. He also iterated further steps he is taking to ensure transparency on the usage of the funds. Dear Shareholders, I am reaching…
Online learning apps India: The Netflix model may just save India’s online learning apps
One summer morning nearly two years ago, 127,000 Indian teenagers thronged the internet — not for an online rock concert, but a test-prep session. For…
Byju’s: Court relief for Byju’s in TLB lenders’ suit
Byju’s won a legal reprieve on Monday when a civil court in Bengaluru declined to grant a plea by its lenders challenging Manipal Group Chairman…
Byju Raveendran: A reset is on cards at Byju’s cap table post rights issue value cut
Byju’s proposed rights issue at a steep 99% cut to its peak valuation of $22 billion is likely to reset the captable at the financially-beleaguered…
Byju’s: Byju’s seeks $200 million in rights issue at $250 million valuation amid deep cash crunch
Troubled edtech firm Byju’s has kickstarted a right issue to raise up to $200 million, effective today, as per a notice sent to investors –…
aakash institute: Pai in the Sky: Ranjan to own 40% of Aakash
Ranjan Pai, chairman of Manipal Education and Medical Group, is set to emerge as the largest shareholder in Byju’s-owned Aakash Institute, with a 40% stake,…