The Bengaluru bench of the National Company Law Tribunal (NCLT) has dismissed a plea by Byju’s parent company, Think & Learn, seeking an interim stay to stop Aakash Educational Services from holding ...
Once the face of India’s digital education boom, Byju’s rose from a modest learning app to a global edtech powerhouse valued at $22 billion at its peak. Its branding dominated cricket jerseys, ...
An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. The ruling effectively ...
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, ...
An India government investigation found lapses in the corporate governance of Byju’s, but cleared the struggling online-education startup of financial fraud. The yearlong probe by the Ministry of ...
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NEW DELHI, Aug 2 (Reuters) - Insolvency proceedings against India's Byju's were quashed by an appeals tribunal on Friday in a big win for founder Byju Raveendran but a setback for U.S. lenders that ...
NEW DELHI, July 22 (Reuters) - Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his ...
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 ...
The consortium of the troubled edtech startup’s lenders also termed the move an “attempt to distract” from facts Glas Trust alleged that judgments exceeding $533 Mn have been entered against ...
The consortium of BYJU’S US-based lenders, Glas Trust LLC, has moved the Supreme Court against the troubled edtech giant’s insolvency resolution professional, Pankaj Srivastava. Glas Trust has ...
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