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 Chairman of Veranda Learning, Suresh Kalpathi, is a man of few words, despite a vast vocabulary arising from the best of schooling, graduation from IIT-Madras and Masters from a U.S. university.
Byju's founder Byju Raveendran addressed various issues, including major setbacks, investor exits, and disputes, revealing that Byju's current worth is zero. He plans to repay the company's ...
Byju's has in a statement on September 7, claimed that its auditor BDO Global resigned after the edtech startup refused to provide documents ahead of the insolvency proceedings. Byju's alleged ...
BDO, the firm that was roped in as the auditor of Byju’s a year ago has resigned amid the worsening crisis at the edtech, according to an email that Moneycontrol has reviewed. BDO (MSKA & Associates) ...
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 ...
Firm was once valued at $22 bln in India Fall seen as setback for employees, startup sector Employees weigh legal options, protests Lenders' dispute triggered insolvency case BENGALURU/NEW DELHI, Aug ...
Supreme Court revived insolvency proceedings against edtech company Byju's on Wednesday following a lawsuit from US lenders. Byju's says it is the "world's largest education technology company". It ...
NEW DELHI, July 22 (Reuters) - Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his ...
Indian edtech company Byju's is staring at insolvency proceedings on July 16 following a tribunal order, deepening a crisis that has seen the one-time market darling's valuation plunge from about $22 ...
Prosus has marked down the value of its shareholding in embattled edtech Byju's to zero and recorded a fair value loss of $493 million on account of its investment in the company, the the tech ...
HRD minister Nara Lokesh on Saturday sought a full report on the Byju’s content and International Baccalaureate with capacity building for training teachers that was introduced by the previous ...
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