Page 7 of Byjus

Byju’s, creditors, funding, anti-money laundering, startup, finances, interest payment, lawsuit

We are in tough situation but will come out of it soon, says Byju Raveendran

He also said that about four of Byju’s six biggest acquisitions are profitable, with Aakash, Great Learning and Tynker doing…

June 30, 2023 06:00 IST

byju, byju news, byju raveendran news, address employees

Lessons Byju’s board never learnt

The founder-directors should step aside temporarily until a thorough investigation into the company’s affairs is conducted

June 29, 2023 04:00 IST

Amid crisis, Byju Raveendran to address employees today

According to sources, in an email to all employees on Wednesday Raveendran has said that he will brief them on the recent developments at…

June 29, 2023 03:45 IST

Byju’s, fundraising round, investors, Byju Raveendran, liquidation, startup, interest payment, financial accounts, debt agreement, debt crisis, cash reserves

Byju’s seeks to raise $1 billion to sidestep shareholder revolt

It’s unclear whether Byju Raveendran will ultimately secure a capital influx, a critical step in a broader campaign to retain…

June 28, 2023 07:06 IST

Byju’s, Byju Raveendran, auditor, resignation, Corporate Regulator, Ministry of Corporate Affairs, formal probe, creditors, inspection

Ministry of Corporate Affairs scrutinizes Byju’s after Deloitte resigns as its auditor

The Ministry of Corporate Affairs has sought more information about Byju’s and a final decision about whether to open a…

June 26, 2023 17:16 IST

Byju’s seeks to calm investors as crisis escalates

On a call with investors, Byju Raveendran acknowledged his failure in installing processes that could have helped close the accounts…

June 26, 2023 13:08 IST

BYJU’s lays off close to 1,000 employees across all departments

The fresh round of firing comes at a time when the company has entered into a legal battle with lenders…

June 19, 2023 21:46 IST

Byju's, interest payment, loan amendment proposal, creditors, loan, startup, restructuring, anti-money laundering

Byju’s plans lender call for loan amendment proposal

The company scheduled a call for lenders on Monday to discuss an amendment proposal, the people said, who asked not…

June 8, 2023 11:53 IST

Byju's, loan payment, lenders, legal proceedings, interest, creditors, payment default

Byju’s skips $40 million loan payment in dispute with lenders

Byju’s did not pay $40 million in interest that was due on Monday, according to people with knowledge of the…

June 6, 2023 10:40 IST

BYJU’S Aakash to go public next year

“BYJU’S… will launch the Initial Public Offering (IPO) of its subsidiary, Aakash Education Services Limited (AESL) mid next year,” BYJU’S…

Updated: June 5, 2023 14:05 IST

Byju’s faces deadline for $40 million payment

The edtech firm expects to pay on Monday to meet the June 5 deadline, the people said, asking not to…

June 5, 2023 11:18 IST

Byju’s lenders scrap talks to restructure $1.2 billion loan

The talks were called off after the creditors moved court, and accused the firm of hiding $500 million of funds…

June 1, 2023 15:09 IST

Byju’s raises $250 million from US-based investment firm Davidson Kempner

The New York-based investment firm invested in structured equity using convertible notes, which allows investors to lend to the startup…

May 13, 2023 01:15 IST

ED probe may delay Byju’s fundraise plan

May also hit IPO of subsidiary Aakash

May 2, 2023 06:00 IST

Byju’s seeks to reassure workers after office raid

Enforcement Directorate officials searched the Bengaluru-based startup’s offices and seized documents and digital data, the agency said in a Twitter…

May 1, 2023 12:08 IST

ED searches Byju’s premises

The Directorate of Enforcement (ED) on Saturday searched the premises of Think & Learn Private Ltd, which owns and operates…

April 30, 2023 05:30 IST

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ED searches Byju Raveendran’s house, office; Here’s a look at his Rs 25,000 crore net worth, lifestyle, family, salary & more

Byju Raveendran and his family are ranked 994th on the global list of Indian billionaires, having risen 1,005 positions over…

Updated: April 29, 2023 13:22 IST

byjus, byjus ajay goel, byjus cfo interview, who is ajay goel, ajay goel lifestyle, ajay goel education, ajay goel lifestyle, lifestyle

Meet Byju’s new CFO Ajay Goel; Know about his career, education, salary, and more

Ajay Goel has also worked with Vedanta, Diageo, Coca-Cola, Nestle, and General Electric.

Updated: April 5, 2023 16:52 IST

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