BYJU’s-Owned Aakash Lays Off Hundreds Amid Strategic Shift
As part of its Aakash 2.0 plan, BYJU-owned Aakash Educational Services Ltd. (AESL) has made a ...
Read more
Tag: Byju’s
Raveendran denies fraud allegations, claims $533 Mn went to ‘legitimate purpose’
After its $1.2 billion loan default, Byju's—once heralded as India's leading edtech company—is embroiled in a ...
Read more
SC reserves verdict on plea challenging BCCI-Byju’s settlement
The Resolution Professional (RP) in charge of Byju's continuing bankruptcy procedures has arranged insolvency meetings, which ...
Read moreDelaware Supreme Court rules in favour of lenders in Byju’s $1.2 Bn loan dispute case
The Delaware Supreme Court upheld a decision in favor of Byju's lenders, who were represented by ...
Read moreByju Raveendran apologizes to teaching staff, promises small payment by end of week
Once a bright spot in India's rapidly expanding edtech sector, Byju's has had some challenging times ...
Read more
Unlawfully removed from Committee of Creditors: Glas Trust to SC
In a novel development in the bankruptcy proceedings concerning Byju's, Glas Trust Company LLC, a creditor ...
Read moreUS lenders refute Byju’s claim suggesting verified debt of 20 Cr, ask for full $1.2 Bn with interest
The ongoing legal battle between BYJU'S, India's most prominent edtech giant, and its U.S.-based lenders has ...
Read more
Byju’s Auditor Accused of Backdating Reports: Founder Alleges Unethical Practices
Byju Raveendran, the founder and CEO of the massive edtech company Byju's, made a shocking accusation ...
Read more
BYJU’S Faces Rs 1,400 Crore Claim from Aakash Educational Services in Insolvency Proceedings
The massive Indian edtech company BYJU'S, which is presently going through bankruptcy procedures, has another obstacle ...
Read more
Supreme Court Rejects Byju’s Plea to Stay Creditor Meeting
The Board of Control for Cricket in India (BCCI) and Byju's petition to postpone the next ...
Read more