Many of Byju's 27,000 workers are considering filing lawsuits or staging street protests after three months without pay. Approximately 3,000 have submitted claims since a court-appointed administrator ...

Byju’s issues another public notice in two days, as it battles financial and governance issues. The edtech giant that was once valued at $22 billion is now worth around $8.4 billion. Byju’s has a $1.2 ...

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 ...

The lawsuit alleged that the three orchestrated and executed a lawless scheme to conceal and steal $533 Mn of loan proceeds This comes after the US bankruptcy Delaware court ruled in favour of the ...

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 ...

The Bengaluru insolvency court on Monday deferred until 19 March its decision to approve the appointment of Shailendra Ajmera as the new resolution professional (RP) to take charge of the embattled ed ...

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, ...

Suspended directors of the bankrupt edtech firm Byju’s have approached the National Company Law Appellate Tribunal (NCLAT), challenging a Bengaluru insolvency court’s decision to reinstate its lenders ...

A US bankruptcy court has ruled against Byju’s Alpha, Inc and its affiliates in a case involving the fraudulent transfer of $533 million. Judge John T Dorsey of the Delaware Bankruptcy Court issued a ...

Beleaguered edtech firm Byju's learning app has been delisted from Google Play Store due to non-payment of dues to its vendor Amazon Web Services, according to sources. AWS has been trying to resolve ...