Tag: byjus

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

Byju Raveendran accused of trying to regain firm with hidden cash: Report

Nov 21, 2024 04:06 PM IST Byju Raveendran allegedly used Nebraska businessman William R. Hailer to try and buy out the US creditors to whom…

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

Byju Raveendran: Byju’s founder accused of trying to regain firm with hidden cash

The founder of bankrupt Indian tech firm Byju’s tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a…

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

PhysicsWallah: PhysicsWallah eyes over Rs 1,000 crore offline revenue in FY25

PhysicsWallah, an online coaching platform, aims to generate a net revenue of Rs 1,050 crore in FY25 from its offline operations as it plans to…

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Byju Raveendran has cleared the air around his rumoured move to Dubai
Posted in Business

Byju Raveendran breaks silence after leaving India: ‘Did not run to Dubai, here because…’ | Trending

Byju Raveendran, founder and CEO of crisis-hit edtech firm Byju’s, has said that he has not run away to Dubai and plans to return to…

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

Byju’s: Byju’s affiliate drained cash from US units in violation of bankruptcy rules: lawsuit

A software company controlled by Indian entrepreneur Byju Raveendran drained cash from US affiliates in violation of US bankruptcy rules, according to a lawsuit filed…

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

byjus: SC to hear Glas Trust’s plea over insolvency proceedings against Byju’s on September 17

The Supreme Court on Wednesday said it will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC against a judgment of…

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

Byju’s US lenders removed from creditor panel by court-appointed Indian official

US lenders to Byju’s were removed from an influential creditors committee by a court-appointed arbitrator in India, a potential boon for the struggling online-education company…

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

byjus salary delay: Byju Raveendran vows to pay staff salaries once he regains control over accounts

Troubled edtech firm Byju’s founder, Byju Raveendran, said in an email to his employees that their salaries will be paid promptly as soon as he…

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Byju Raveendran, founder of edtech firm Byju’s.
Posted in Business

Supreme Court stays NCLAT order that set aside insolvency case against Byju’s

Aug 14, 2024 01:12 PM IST The Supreme Court bench led by Chief Justice of India DY Chandrachud asked BCCI to keep the settlement amount…

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

US judge rejects Byju’s US lender GLAS Trust’s effort to stop payment to BCCI

A US Judge refused to block a debt payment which could free troubled edtech major Byju’s from its insolvency case in India, Bloomberg reported, adding…

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