Byju Raveendran accused of trying to regain firm with hidden cash
Nov 21, 2024, at 08:23 pm
Bengaluru/IBNS: Byju Raveendran, the founder of the bankrupt Indian edtech company Byju’s, allegedly attempted to use hidden loan funds to secretly buy back a US-based software company under the control of an American trustee, according to new court filings.
Byju Raveendran says his edtech startup Byju's, once worth $22 billion, is now 'worth zero'
Oct 18, 2024, at 09:06 pm
Bengaluru/IBNS: Byju Raveendran, founder of the troubled edtech company Byju’s, admitted on Thursday that he had made several mistakes, including misjudging market conditions and overestimating the company's growth potential.
Supreme Court slams NCLAT for closing Byju's insolvency case after settlement with BCCI
Sep 26, 2024, at 06:27 am
New Delhi: The Supreme Court on Wednesday raised concerns over the National Company Law Appellate Tribunal’s (NCLAT) decision to close insolvency proceedings against ed-tech giant Byju’s following its approval of a Rs 158.9 crore settlement with the Board of Control for Cricket in India (BCCI), according to a media report.
Aug 03, 2024, at 04:27 am
Bengaluru: The National Company Law Appellate Tribunal (NCLAT) approved the settlement reached between Byju Raveendran and the Board of Control for Cricket in India (BCCI), exempting Byju's parent company, Think and Learn, from the insolvency resolution process.
Byjus's India CEO Arjun Mohan quits six months after joining
Apr 16, 2024, at 02:57 am
Byju’s India CEO Arjun Mohan has quit his position in the firm just six months after taking over the role, the company announced in a statement on Monday.
Byju's founder, whose net worth was Rs. 17,545 crore a year ago, no longer a billionaire
Apr 05, 2024, at 06:04 pm
Mumbai/IBNS: Indian multinational educational technology company Byju's founder, Byju Raveendran's net worth is now zero, a year after he had Rs. 17,545 crore a year ago.
Byju's claims resolutions passed at EGM to remove founder invalid
Feb 24, 2024, at 07:16 am
Bengaluru: Ahead of the results of the voting to remove Byju's founder and CEO Byju Raveendran during an extraordinary general meeting (EGM), the ed-tech company claimed in a statement to the media that the decisions made by shareholders are null and void.
Shareholders pass resolution to oust Byju Raveendran-led management at EGM
Feb 24, 2024, at 05:34 am
Bengaluru: A consortium of prominent investors including Prosus, General Atlantic, and Peak XV on Friday made the decision to remove Chief Executive Officer (CEO) Byju Raveendran from his position at the helm of the edtech company Byju's, media reported.
American finance company approaches NCLT to initiate insolvency proceedings against Byju's
Feb 22, 2024, at 05:09 am
Bengaluru: Glas Trust Company LLC, a United States-based non-bank loan agency, filed a plea for insolvency against the troubled-ed tech firm Byju's at the National Company Law Tribunal (NCLT) in Bengaluru, a media report said.
Byju's acquires US-based reading platform EPIC
Jul 23, 2021, at 05:04 am
Bengluru/IBNS: Byju’s has acquired US-based reading platform Epic in a $500 million cash-and-stock deal, as it continues to shop for large edtechs to foray beyond the Indian market and across categories.