Tag: byjus crisis
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 investors: Byju’s investors call for EGM on Friday to oust founder, his family members
Amidst financial turbulence at Byju’s, a group of key investors at the edtech have called for an extraordinary general meeting on Friday to oust its…
byjus loan default: Byju’s lenders win fight over loan default, control of unit
Lenders to Byju’s, once one of India’s hottest tech startups, properly cited a default on a $1.2 billion loan when taking over control of a…
byjus loan: Byju’s lenders accused of using bogus loan-default claims
Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to a $1.2 billion loan as part of a scheme to…
Byjus crisis: Troubled Byju’s misses target to amend $1.2 billion loan terms
Beleaguered ed-tech firm Byju’s missed yet another target date set by its creditors to amend terms of a $1.2 billion debt, adding fresh challenges to…
byjus crisis: Five must-read stories on Byju’s crisis this week
A day after we broke the news of Byju’s and its lenders agreeing to amend the company’s $1.2 billion term loan B terms bringing in…
Byju Raveendran broke down defending his crisis-hit edtech startup: Report
In late April, Indian officials in plainclothes raided the Bengaluru offices of Byju’s, seizing laptops and publicly linking the world’s most valuable education-technology startup with…