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- The National Company Law Tribunal (NCLT) in Bengaluru has initiated bankruptcy proceedings against Byju's due to an outstanding debt of 1.59 billion rupees ($19 million) owed to the Board of Control for Cricket in India (BCCI).
timesofindia.indiatimes.com/business/india-business/how-byjus-went-from-start… Byju’s US Units Head for Bankruptcy Sale Under …
Oct 18, 2024 · Three US education-software companies that bankrupt Indian tech-firm Byju’s bought for $820 million just a few years ago will be put up for sale in order to repay lenders, a court-appointed trustee said.
What Went Wrong With Byju's, Which Was Once Valued At $22 …
Feb 6, 2024 · Byju's delayed the filing of its 2021/22 financial results by nearly a year, prompting auditor Deloitte and three board members to quit. Its chief financial officer and chief technology …
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Byju's crisis explained: Why edtech firm, once valued …
Feb 3, 2024 · The investors and CEO continue to be at a standoff as Byju's is currently facing a lawsuit in the United States disputing terms and payment of a loan. The company's valuation has taken a...
Once India's biggest startup, Byju's faces insolvency proceedings
Jul 16, 2024 · Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the country's cricket board, a …
Explainer: How Byju's went from startup star to facing …
Aug 14, 2024 · Supreme Court revived insolvency proceedings against edtech company Byju's on Wednesday following a lawsuit from US lenders. Byju's says it is the "world's largest education technology...
Byju’s, once valued at $22 billion, faces insolvency …
Jul 16, 2024 · Meta confirms ‘Project Waterworth,’ a global subsea cable project spanning 50,000 kilometers
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Byju's, once most-valued startup, enters bankruptcy
Jul 17, 2024 · BENGALURU/MUMBAI: The National Company Law Tribunal on Tuesday initiated insolvency proceedings against edtech company Byju's parent Think & Learn following a plea …
Indian ed-tech giant Byju's faces total shutdown if …
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 shutdown of its...
How Byju's went from startup star to facing insolvency
Jul 16, 2024 · An Indian tribunal began bankruptcy proceedings against troubled educational technology firm Byju's on Tuesday over a $19 million unpaid sponsorship debt owed to the country's powerful cricket board.
US lenders push Indian ed-tech giant Byju's towards …
Aug 14, 2024 · India's top court on Wednesday revived insolvency proceedings against education technology company Byju's following a lawsuit by a trust representing U.S. lenders who say they are owed $1 billion...
Byju's may face total shutdown due to insolvency …
Jul 19, 2024 · The insolvency process will likely cause vendors who provide critical services to Byju's for the upkeep of online platforms to declare a default, "leading to a total shut down of services" and bringing the operation to "a …
Bankrupt Byju’s : Is the edtech crisis deepening? - Mint
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 …
Byju’s Faces Bankruptcy: What Went Wrong for India’s EdTech …
Feb 13, 2025 · Byju’s rise and fall: How financial mismanagement, debt, and market shifts pushed India’s EdTech giant toward bankruptcy.
Byju's bankruptcy ruling in US comes as a surprise for Indian …
Sep 14, 2024 · A US court ruling that placed into bankruptcy units associated with Indian education technology company Byju’s took an official in the firm’s home country by surprise. …
Downfall of Byju's, India's hot edutech startup, wipes out US ...
Jan 16, 2025 · Byju’s quit making interest payments and responded by accusing creditors, including Redwood Capital Management, of trying to manufacture a crisis. That lawsuit — and …
Supreme Court stays NCLAT’s order on Byju’s Insolvency: What …
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 …
Byju's Loses Its Appeal of $1.2 Billion Loan Default Ruling
The Delaware Supreme Court has upheld a ruling in favor of lenders to Byju’s, once one of India’s hottest tech startups and now mired in bankruptcy. A trial court determined the lenders …
Explainer: How India's Byju's went from startup star to facing ...
Jun 23, 2023 · India's top court revived insolvency proceedings against edtech company Byju's on Wednesday following a lawsuit from U.S. lenders.
BYJU’S Insolvency: NCLAT Quashes Plea To Block CoC From …
4 days ago · Ravindran moved the NCLAT after the NCLT directed the BCCI last week to submit its settlement application to the bankrupt company’s new CoC. The report said that Ravindran, …
Supreme Court halts creditors meeting in Byju’s insolvency case
Sep 26, 2024 · Mumbai: In the latest hurdle in the insolvency proceedings against Byju’s, the Supreme Court has directed the edtech firm’s resolution professional not to hold meetings of …
Could Byju’s go bankrupt? - The Morning Context
Could Byju’s go bankrupt? The NCLT proceedings or the ED investigation, what will be the final straw that will break the beleaguered edtech giant’s back? We ask the question that is on …
Byju’s effect wanes as edtech startups turn the page
9 hours ago · As schools, colleges and coaching centres reopened, the bubble burst, forcing many firms to reassess their strategies amid a global funding winter.
Can The BYJU'S Fight Off Bankruptcy Risks, Angry Creditors?
Mar 18, 2024 · BYJU’S faces a web of legal troubles, including allegations of predatory practices and defaults on payments, with over a dozen cases totaling defaults and fines worth $1.5 Bn.
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