Edtech giant Byju's was once India's most valuable startup, hitting a valuation of $22 billion in 2022. The Indian company has since seen a sharp reversal in its fortunes, following a series of ...
BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns ...
The odds are stacked against BYJU’s founders Byju Raveendran and Divya Gokulnath, and it all seems to be going awfully wrong for the edtech giant that once was a poster child for Indian tech While the ...
BENGALURU/NEW DELHI, July 16 (Reuters) - Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the ...
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary ...
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. It looks like an uphill struggle. Byju’s, which expanded aggressively into the US, faces “legal ...
BYJU’S has lost the faith of its investors and BYJU’S has very likely also lost Byju Raveendran. If the all-important Karnataka High Court order comes against BYJU’S, we could see sweeping changes at ...
A new filing in the Delaware Bankruptcy Court has alleged that the missing $533 million from Byju’s Alpha, an entity now controlled by the edtech firm’s Term Loan B (TLB) lenders, was “in effect, ...
Byju’s secured time to repay $19 million owed to India’s cricket governing board, a move that allows the online tutoring startup to avoid insolvency for now. A companies’ appeals court in the southern ...
India’s embattled edtech firm Byju’s is considering a rights issue for existing investors at a $2 billion valuation, according to a source familiar with the company’s plans. Although it’s a steep 90% ...
Bankrupt Indian education technology firm Byju’s used a UK logistics company to help hide $505.9 million in cash from US lenders, a court filing shows. London-based OCI Limited blamed a former adviser ...