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 ...
BYJU’S plans to challenge the NCLT order and will file an appeal in Delhi to block the insolvency proceedings, but is this too little and too late? For the first order of business, the interim ...
An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. The ruling effectively ...
The odds are stacked against BYJU’s founders Byju Raveendran and Divya Gokulnath, and it all seems to be going awfully wrong for the edtech giant that once was a poster child for Indian tech While the ...
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 ...
NEW DELHI, July 19 (Reuters) - Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a ...
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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 ...
NEW YORK--(BUSINESS WIRE)--BYJU’s Alpha Inc. (“BYJU’s Alpha” or “Alpha”), a Delaware special purpose financing vehicle established by BYJU’S to receive proceeds of a $1.5 billion Term Loan B (the ...
NEW YORK--(BUSINESS WIRE)--The steering committee of the ad hoc group of term loan lenders (the “Lenders”) of the $1.5 billion Term Loan B (the “Term Loans”) provided to BYJU’S Alpha, Inc. (“BYJU’s ...