Dark clouds have circled BYJU’S all through the past two years. The edtech giant, once heralded as a beacon for Indian tech and innovation, has had a monumental slip and cofounder and group CEO Byju ...
Byju’s has made a key change in its sales strategy, moving away from a business practice that attracted the edtech giant criticism over the years. The Bengaluru-headquartered startup, India’s most ...
A unit of Byju’s, once one of India’s hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in debt.
Feb 1 (Reuters) - 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 ...
Arjun Mohan’s seven-month stint as BYJU’S India CEO coincided with one of the most tumultuous periods for the edtech giant, with a major battle with investors and multiple legal challenges As the ...
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 ...
Edtech giant Byju's was once India's most valuable startup, hitting a valuation of $22 billion in 2022. The Indian company has since seen a sharp reversal in its fortunes, following a series of ...
Byju’s secured time to repay $19 million owed to India’s cricket governing board, a move that allows the online tutoring startup to avoid insolvency for now. A companies’ appeals court in the southern ...
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 ...
Troubled Indian edtech firm Byju’s is in the spotlight again. Amsterdam-listed investment company Prosus wrote down the value of its 9.6% stake in Think & Learn, the parent company of the ...
Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022, stood at $429.18 million, making it clear that the most valuable ...
BENGALURU, Aug 7 (Reuters Breakingviews) - Byju’s says it provides learning programs to over 150 million students. The biggest lesson may be for the Indian education giant’s global investors including ...