Ed-tech startup Byju’s has seen a staggering fall from grace in recent years and remains in the midst of a…
Byju Raveendran has remained absent from India since late 2023, long before BYJU’S began falling under the weight of investor…
NCLT orders status quo on Aakash Education Services shareholding until April 30, halting its bid to amend the Articles of…
Aakash launches Aakash Digital, online platform with AI tools, targeting tier-3 cities. Aims for 20-24% digital revenue in 3 years.…
Amid the ongoing financial turmoil, employees voiced their concerns about pending salaries and Provident Fund (PF) dues.
Byju’s insolvency case takes a new turn as founder Byju Raveendran accuses EY of collusion with lenders. A whistleblower alleges…
A US bankruptcy court ruled against Byju’s Alpha, Inc. and affiliates in a case involving the fraudulent transfer of $533…
Byju Raveendran addressed Byju’s financial crisis and legal battles, accusing Glas Trust and the interim resolution professional of harming the…
The lenders, including Glas Trust (US-based) and Aditya Birla Finance, strongly opposed the plea, calling the settlement amount “tainted money”.
Byju’s founder Byju Raveendran is battling lenders in court over control of the company, while a Rs 158 crore dispute…
The tribunal has directed the Insolvency and Bankruptcy Board of India to investigate the resolution professional’s conduct, noting actions intended…
Employees who don’t find their names in the current list have been advised to send a reminder email to the…
For startups, Byju’s serves as a cautionary tale emphasising the importance of sustainable growth, transparency, and delivering genuine value.
BCCI’s contention is the non-payment of Rs 158 crore by Byju’s towards the branding of jerseys of the Indian cricket…
A three-judge bench had held that there was “grave deviation from procedure” in bringing the case to the NCLAT itself…
The National Company Law Tribunal (NCLT) on June 16 ordered initiation of insolvency proceedings against Byju’s, on a BCCI petition…
Byju’s argued that speeding up the loan repayment and taking legal action were invalid because it hadn’t defaulted on the…
In an email sent to teachers, reviewed by FE, Raveendran acknowledged the long-standing delays in salary payments and issued an apology…