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 further intensifying concerns ...
A software company controlled by Indian entrepreneur Byju Raveendran drained cash from US affiliates in violation of US bankruptcy rules, according to a lawsuit filed Tuesday in federal court in ...
The Bengaluru bench of the National Company Law Tribunal (NCLT) has dismissed a plea by Byju’s parent company, Think & Learn, seeking an interim stay to stop Aakash Educational Services from holding ...
BYJU’S has offered to repay the funds it has availed of from the loan and the interest on that amount, essentially giving Davidson Kempner an exit It has also been reported that Manipal Group chairman ...
The lawsuit alleged that the three orchestrated and executed a lawless scheme to conceal and steal $533 Mn of loan proceeds This comes after the US bankruptcy Delaware court ruled in favour of the ...
The ed-tech giant Byju's primary learning app has been removed from Google Playstore following payment defaults to Amazon Web Services, industry sources, quoted by PTI have said. Other applications ...
In related orders in an action to recover over $500 million in alleged fraudulent transfers arising out of the bankruptcy of an education technology company, the U.S. Bankruptcy Court for the District ...
Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtech giant, implying a starkly diminished valuation of $5.1 billion to the Indian startup ...
NEW DELHI, July 19 (Reuters) - 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 ...
NEW DELHI, June 25 (Reuters) - Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September ...
Forbes contributors publish independent expert analyses and insights. I write about Indian entrepreneurs. Beleaguered edtech company Byju’s, founded by former math tutor Byju Raveendran, is mired in ...
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