Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential, and that his startup, ...
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 Tuesday in federal court in ...
A suspended director of the troubled Indian educational tech firm Byju’s must pay $10,000 a day until he helps locate $533 million that his company is accused of hiding from US lenders, a judge said ...
A U.S. unit of what was once among the hottest Indian education-tech startups filed for bankruptcy following a $1.2 billion loan default that the company disputed. Byju’s Alpha’s, a U.S. shell entity ...
Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a stunning reversal of fortune for the once ...
Feb 1 (Reuters) - A U.S. unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the U.S. court of Delaware, listing liabilities in the range of $1 ...
BYJU’S’ lawsuit against its term loan lenders is simply an effort to avoid complying with its obligations, including making contractually required payments, the group of lenders said The response ...
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Blow to Byju's: NCLAT grants creditors final say on ₹158 crore settlement with cricket board
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by Riju Raveendran, suspended director of bankrupt edtech firm Byju’s, to prevent its creditors from deciding on a ...
Simply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox. A US bankruptcy court has ordered the founder of Byju’s to pay more than $1bn in the latest stage of a ...
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