Page 5 of Byjus

byjus, think and learn, edtech, industry

BYJU’S shuts 30 out of 292 tuition centres

BYJU’s has shut down the centres as part of cost optimisation measures and aims to turn most of the centres…

March 22, 2024 21:36 IST

g20, amitabh kant, dpiit, startups, valuation, VCs, venture capital, governance, paytm, byju's, startup mahakumbh

Amitabh Kant: Startups’ focus on growth and valuation at all cost leads to misgovernance

Speaking at the Startup Mahakumbh event on Monday G20 Sherpa and Former CEO of Niti Aayog Amitabh Kant called for…

March 18, 2024 12:20 IST

byjus, byju, edtech, aakash coaching, aakash+, byju raveendran

As brand Byju’s takes a hit, Aakash tries to distance itself

Employees of Aakash are being asked to highlight its distinct brand identity. The company, in some recent social media posts, has…

March 14, 2024 06:30 IST

To cut cost, Byju’s announces ‘work from home’ for staff, vacates office spaces across India

Byju Shuts Down offices: The decision to announce indefinite work from home mandate comes days after Byju’s completed part payment…

Updated: March 11, 2024 16:22 IST

Byju's, Byju's, Byju Raveendran, business, India, MCA

Report on Byju’s probe ‘in a few weeks’: MCA official

Last month, MCA asked its field officers to speed up the inspection process on Byju’s which is in the middle…

March 8, 2024 00:05 IST

byju's byju raveendran, edtech, byjus crisis, brandwagon

Byju’s defers Feb salaries, blames investor dispute

Raveendran noted that he has fought fearlessly and tirelessly, “leaving no stone unturned” to find a way to honour the…

March 3, 2024 06:00 IST

NCLT reserves order on investors’ plea against Byju’s rights issue

Reports say that the four investors that have moved the NCLT are Peak XV Partners, General Atlantic, Prosus and Sofina.

Updated: February 27, 2024 18:23 IST

byjus, byju raveendran, byjus case, byjus egm, industry

Defiant Raveendran says EGM a farce; ‘biz as usual’

Raveendran also referred to the Karnataka High Court’s order and said any decisions made during the meeting would not be…

February 25, 2024 06:00 IST

Byju’s shareholders vote to remove Byju Raveendran as CEO of edtech major

The decision resulting from the vote during the Extraordinary General Meeting (EGM) won’t take effect until March 13.

Updated: February 23, 2024 19:46 IST

This move aims to prevent additional dilution to their shareholding. (Image source: Reuters)

Byju Raveendran ‘unfit’ to run company – Byju’s investors move NCLT over mismanagement, oppression

Byju’s Latest News: The mismanagement plea by the investors also seeks the NCLT to declare the rights issue as void.

Updated: February 23, 2024 14:02 IST

Byju Raveendran, Byju Raveendran news, Byju Raveendran latest news, Byju Raveendran look out notice, Byju Raveendran Fema Violations, edtech

Raveendran, wife & brother not to attend EGM tomorrow

Meeting will get adjourned because of lack of quorum

February 23, 2024 06:20 IST

ED seeks ‘look out circular’ against Byju Raveendran over FEMA violations

The ‘on intimation’ look out circular means that the authorities concerned are informed about the probe against a person and…

Updated: February 22, 2024 11:21 IST

Byju's EGM, Byju's, Byju Raveendran, business, India, karnataka high court

EGM moves won’t be valid until Byju’s plea heard: HC

Investors seek board rejig, CEO’s ouster in tomorrow’s meeting.

February 22, 2024 06:15 IST

Raveendran's letter to the shareholders comes ahead of an extraordinary general meeting on Friday.

Byju’s opens channel with miffed investors

Offers monitoring mechanism for use of funds post-rights issue

Updated: February 21, 2024 08:12 IST

Byju's results, Byju's, Byju Raveendran, business, India

Byju’s asked by Karnataka Labour Department to pay up former employees

Sources close to the company confirmed that an HR executive from the company, and a few former employees attended the…

February 17, 2024 05:30 IST

The company's monthly payroll expenses are close to Rs 70 crore, according to sources.

Byju’s investors issue notice for EGM; want to oust founders

The reconstitution of the board of directors, so that it is no longer controlled by the founders of Byju’s parent…

February 2, 2024 01:10 IST

The day started with a phishing attack to attempt to disrupt the meeting.

Byju’s launches rights issue to raise $200 million

The issue will happen at a post-money valuation of $220-250 million, which is 99% lower than the company’s last funding…

January 30, 2024 00:45 IST

Poor lessons: Through its dodgy accounting, Byju’s has queered the pitch for India’s start-ups

Tracxn estimates that the number of investors has increased from 2,450 in 2014 to 16,300 in 2021.

January 25, 2024 03:00 IST

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IBBI moots mandatory use of AI in insolvency resolution

Industry34 min ago

The Indian government is enforcing the use of AI agents in the insolvency process to enhance efficiency, transparency, and accuracy. The Insolvency and Bankruptcy Board of India (IBBI) sees AI as a solution to delayed resolutions, fraud, and data overload. The IBBI has identified several AI agents to detect fraud, predict outcomes, and simplify compliance.

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