Aakash Educational Services sends legal notice to EY over conflict of interest in Byju’s dispute, alleging dual advisory roles. AESL…
Byju Raveendran, co-founder of Byju’s, refuted being a fugitive, calling it a false narrative to seize his company. In an…
BYJU’S founder Byju Raveendran acknowledges “business mistakes” during rapid global expansion into 21 countries, driven by investor mandates. He cites…
Byju’s Alpha Inc., a US-based entity of the troubled edtech giant Byju’s, has filed a lawsuit in Delaware bankruptcy court…
In a scathing statement issued following the lawsuit filed by lenders to its U.S.-based entity Byju’s Alpha Inc., the company…
The lawsuit states that each of them co-orchestrated and executed a lawless scheme to conceal and steal $533 million of…
The developments came weeks after a LinkedIn post attributed to an EY whistleblower claimed that the firm had supported Glas…
Celebrities’ interest in startup investments has waned due to reputational risks, shifting to safer options like D2C ventures and brand…
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…