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Nov 12, 2024 · Two money-making education apps that are part of the troubled Byju’s software empire were wrongly transferred away from US lenders and must be returned to a court …

3 hours ago · Byju’s insolvency battle has taken a fresh turn as a new resolution professional steps in. With creditors and former directors at odds, the fight for control—and a crucial ₹158 …

Jul 17, 2024 · The committee of creditors can choose to retain employees or terminate them over the next 330 days. In the case of grounded airline Go First, they retained 2,278 employees, …

Oct 31, 2024 · Three US education-software companies owned by bankrupt Indian tech firm Byju’s won court permission to borrow as much as $9.5 million and give payback priority to …

Jul 19, 2024 · 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 total …

Jul 19, 2024 · The BCCI dragged Byju’s to the bankruptcy court for default worth ₹158 crore. If creditors take over, the firm’s fate will lie in their hands. Byju’s has now appealed to an …

28 minutes ago · The path ahead seems tough because of his past Go First leadership experience despite clear evidence of his competence. ... The bankruptcy proceedings began …

Feb 1, 2024 · A U.S. unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the U.S. court of Delaware, listing liabilities in the range of $1 billion …

Jul 18, 2024 · 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?

Sep 18, 2024 · On August 14, 2024, the Hon’ble Supreme Court of India stayed the order of the National Company Law Appellate Tribunal (“ NCLAT ”), Chennai, which halted the insolvency …

Oct 18, 2024 · Byju Raveendran, the founder of troubled edtech giant Byju's addressed misconceptions surrounding his move to Dubai and reaffirmed his commitment to reviving the …

Oct 26, 2024 · In a desperate attempt to keep the morale of its employees afloat, the company’s founder, Byju Raveendran, sent out an emotionally charged email on 20 August 2024, urging …

The CoC has proposed appointing EY's Shailendra Ajmera-the former resolution professional for bankrupt airline Go First-as the new insolvency expert to manage Byju's affairs. This follows …

Sep 6, 2024 · 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 …

Jul 22, 2024 · Every paper, news site, and Linkedin influencer worth their salt is saying it’s gameover for Byju’s. The National Company Law Tribunal (NCLT) has ordered insolvency …

Jun 5, 2024 · A group of lenders asked a court to impose bankruptcy oversight on multiple units tied to the struggling Indian education technology company Byju’s, claiming millions of dollars …

5 days ago · Lakhamraju revealed that as BYJU’S was teetering on the brink of bankruptcy, it wanted to sell Great Learning in 2023-24 to pay off a part of the $1.5 Bn debt being recalled by …

Sep 27, 2024 · BENGALURU: The Supreme Court on Thursday reserved its verdict and directed the Insolvency Resolution Professional (IRP) of edtech firm Byju’s to maintain status quo and …