Despite not reaching the highs of 2023, the edtech sector raised $120 million across 11 deals in the first half of 2025, compared to just $22 million from seven deals a year earlier. The revival is fu ...
Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential, and that his startup, ...
The Mumbai Police's Economic Offences Wing (EOW) has registered an FIR against Byju's founder Byju Ravindran and company directors for alleged cheating and fraud to the tune of Rs 46.90 crore. The FIR ...
Even as the tubelights go off one by one, BYJU’S founder and CEO Byju Raveendran continues to fight the fight and delay what looks like the inevitable. The latest weapon in his arsenal is an anonymous ...
A whistleblower from Ernst and Young India claims to expose a major corporate corruption case involving Byju's insolvency. As per the whistleblower, Dinkar Venkatasubramanian of EY India allegedly ...
It looks like an uphill struggle. Byju’s, which expanded aggressively into the US, faces “legal battles from Delaware to Bengaluru” with litigants ranging from the Qatar Investment Authority to ...
When Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.
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 ...
NEW YORK--(BUSINESS WIRE)--BYJU’s Alpha Inc. (“BYJU’s Alpha” or “Alpha”), a Delaware special purpose financing vehicle established by BYJU’S to receive proceeds of a $1.5 billion Term Loan B (the ...
NEW YORK--(BUSINESS WIRE)--The steering committee of the ad hoc group of term loan lenders (the “Lenders”) of the $1.5 billion Term Loan B (the “Term Loans”) provided to BYJU’S Alpha, Inc. (“BYJU’s ...