A group of large investors in Byju’s has called for an extraordinary general meeting (EGM) where they seek to change the leadership at Byju’s days after the edtech group launched a rights issue at $25 ...
Byju's is divesting its US assets at significantly reduced prices due to creditor pressure amid bankruptcy proceedings. Tynker was sold to CodeHS for $2.2 million, a fraction of the $200 million ...
For BYJU’S, once the poster child of the Indian startup ecosystem, troubles continue as a group of term loan lenders have sold two US-based companies it had acquired in 2021 in a bid to recover funds, ...
The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...
After US-based asset manager BlackRock slashed the valuation of the edtech major earlier this month, BYJU’S founder and CEO Byju Raveendran said that he is not worried about the valuation. “I think ...
Due to operational and financial problems, Byju's, a once highly valued edtech start-up, has gone under a severe decline. According to experts, this is a necessary adjustment to the Indian startup ...
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