The founders of Think and Learn Pvt Ltd, the parent company of Byju's, in a statement said that the US court agreed that damages had not been determined and ordered a new phase to commence in January ...
Byju Raveendran appears to retain significant influence over Aakash through Beeaar Investco, despite losing day-to-day operational control over Think & Learn Pvt. Ltd, which is currently undergoing ...
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Byju Raveendran ordered to pay over $1 billion by US court; Founder contests decision - What is the case?
A US bankruptcy court has directed Byju’s founder Byju Raveendran to pay more than $1.07 billion, ruling him personally liable for moving and concealing funds from Byju’s Alpha, the company’s US ...
BYJU’S current resolution representative Shailendra Ajmera has filed a lawsuit against Byju Raveendran, Riju Ravindran and Divya Gokulnath The RP has demanded compensation for the fraudulent transfers ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. A top official of Indian tech firm Byju’s violated his ...
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 ...
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. It looks like an uphill struggle. Byju’s, which expanded aggressively into the US, faces “legal ...
Byju Raveendran blamed BYJU’S investors for the company's downfall as the edtech giant's valuation now stands at zero. He claimed that investors pushed for aggressive expansion but deserted the ...
Sept 7 (Reuters) - Indian education technology company Byju's' auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju ...
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 US judge refused to block a debt payment designed to free Byju’s from an insolvency case in India, telling American lenders to take their complaints about the transaction to a court in the home ...
Lenders to Indian education-technology company Byju’s have taken the rare step of petitioning to put affiliated children’s education businesses—Epic Creations, Tynker and Osmo—into chapter 11, ...
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