Tag: byjus
corporate governance: ETtech Explainer: why startup unicorns, other large unlisted companies may come under tighter scrutiny
The Ministry of Corporate Affairs (MCA) is looking to frame new guidelines for large unlisted companies, including unicorns — privately held startups with a value…
byjus: Byju’s hid $533 million in hedge fund once run from Miami IHOP, lenders allege
One of India’s hottest tech companies, Byju’s, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business…
aakash: Byju’s forms executive committee for new leadership at Aakash after exit of CEO, CFO
Byju’s-owned test prep subsidiary Aakash Education (AESL) has formed an executive council to appoint a new CEO at the brick-and-mortar coaching network following the exit…
byjus: Byju’s restructures businesses; consolidates verticals into two
Troubled edtech major Byju’s on Tuesday announced that it has undertaken restructuring of businesses and verticals, including consolidation of four verticals into two — K-10…
Byju’s: Byju’s interest cost on term loan may jump by $50-60 million a year under new terms
Edtech firm Byju’s may have to pay an additional $50-60 million annually in interest on its $1.2 billion term-loan facility as part of new terms…
Byju Raveendran: Byju’s, Davidson Kempner in talks to settle dispute
Byju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan covenant linked to the…
Byju’s lenders create bogus default claims in an attempt to control firm: Lawyer
Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to $1.2 billion in loans as part of a scheme to…
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…
BYJU’S sends notice to Aakash founders demanding share transfer: Report
Education technology startup Think and Learn Pvt Ltd, which operates under BYJU’S brand name, has sent a notice to founders of Aakash Educational Services following…
byju s: Byju’s sends legal notice to Aakash founders demanding share transfer
Education technology startup Think and Learn Pvt Ltd, which operates under Byju’s brand name, has sent a legal notice to founders of Aakash Educational Services…