Tag: byju

Byju's crisis: BYJU'S owner Byju Raveendran photo is seen on his company web page in this illustration. (Reuters)
Posted in Business

Byju’s US bankruptcy ruling catches Indian official off guard

A US court ruling that placed into bankruptcy units associated with Indian education technology company Byju’s took an official in the firm’s home country by…

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Signage at a Byju's Tuition Center, operated by Think & Learn Pvt., in Mumbai, India, on Friday, Feb. 2, 2024. (Dhiraj Singh/Bloomberg)
Posted in Business

Byju’s slams auditor BDO’s resignation, calls it ‘escapist,’ questions legality: Report

Byju’s founders Byju Raveendran and Divya Gokulnath slammed the September 6, 2024 resignation of BDO, the troubled edtech major’s auditor, calling it an “escapist” move,…

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Byju's crisis: Byju's owner Byju Raveendran photo is seen on his company web page in this illustration. (Reuters)
Posted in Business

Indian tax authorities seek $101 million in Byju’s insolvency process

Indian tax authorities are seeking dues of $101 million from education-technology company Byju’s, once the country’s biggest startup which is now undergoing an insolvency process,…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s: SC agrees to list plea related to insolvency proceedings against Byju’s

The Supreme Court on Friday agreed to list for an early hearing the appeal of US-based creditor Glas Trust Company LLC against a judgment of…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s: Byju’s insolvency case: NCLT rejects US lenders’ plea to stop CoC proceedings

The Bengaluru bench of the National Company Law Tribunal (NCLT) has deferred the matter between Glas Trust Co, which represents a group of the troubled…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s: General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju’s insolvency

Foreign investors in Indian education technology company Byju’s, including General Atlantic, have urged the country’s Supreme Court to hear their concerns as judges decide on…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byjus BCCI: ETtech Explainer: What’s next for Byju’s after SC stays settlement deal with BCCI

Byju Raveendran, the embattled founder of Byju’s, appeared close to settling his company’s payment dispute of Rs 158 crore with the Indian cricket board after…

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Byju's crisis: BYJU'S owner Byju Raveendran photo is seen on his company web page in this illustration. (Reuters)
Posted in Business

‘Struggling to pay bills’: Byju’s insolvency case fans fears of employees

Dozens of Byju’s employees and parents of students are showing a growing sense of desperation as people plan to take the offensive against the troubled…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s: SC refuses to pass interim order to stop setting up of CoC in insolvency proceedings against Byju’s

For now, the Supreme Court on Tuesday refused to restrain the Interm resolution professional (IRP) of debt-ridden Think & Learn Pvt Ltd, the parent of…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Byju’s-BCCI settlement: Byju’s says US bankruptcy court dismissed lenders’ plea against its settlement with BCCI

The Delaware Bankruptcy Court has dismissed a plea by Glas Trust Company, which represents US lenders, to block the settlement deal of Byju’s Rs 158-crore…

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