WILMINGTON, DE – A US bankruptcy court in Delaware has entered a default judgment against Byju Raveendran, the founder of the major Indian ed-tech firm Byju’s, holding him personally liable for over ...

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 ...

When Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.

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 was once India's hottest startup, with a lineup of top global debt and equity investors. A judge ruled that Byju's-related entities had fraudulently transferred over $500 million to a "sham" ...

Byju Raveendran has not stepped back into India since leaving it at the end of 2023, much before BYJU’S came crumbling down after a series of catastrophes ranging from investor spats to unpaid ...

It looks like an uphill struggle. Byju’s, which expanded aggressively into the US, faces “legal battles from Delaware to Bengaluru” with litigants ranging from the Qatar Investment Authority to ...

Sept 7 (Reuters) - Indian education technology company Byju's' auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju ...

BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns ...