GlobalData on MSN4d
BYJU’s, India’s most valuable unicorn, is giving the UK an education in AI technology
Valued at $18bn, Bangalore-headquartered Byju’s is not only the world’s most valuable edtech start-up but also India's most ...
Bloomberg L.P.4d
Byju’s Founder Says Missing Funds Went to Legitimate Purpose
The founder of Byju’s, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.
Your Story5d
BYJU’S accused of illegally transferring funds from US units in Delaware lawsuit
A lawsuit filed in a Delaware federal court accuses troubled edtech firm BYJU’S of unlawfully moving funds from its US units, according to a media report. The lawsuit alleges that funds intended ...
Bloomberg L.P.5d
Byju’s Affiliate Drained Cash from US Units, Lawsuit Says
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 ...
Mint4d
Byju’s transferred funds in violation of bankruptcy rules via shell company: Report
Byju's, the embattled tech company controlled by Indian entrepreneur Byju Raveendran, has been accused of illegally transferring funds from its U.S. affiliates, according to a lawsuit filed on ...
Yahoo Finance1mon
Byju’s Bankruptcy Ruling in US Catches Indian Official Off Guard
(Bloomberg) -- 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.
Dataquest23d
The Impact of Service Suspension on Byju's: Byju's in Trouble
Byju's, a struggling edtech startup undergoing insolvency proceedings, faces new challenges. Amazon Web Services and Vodafone Idea have halted their services due to unpaid bills. While AWS provided ...
Your Story28d
US lenders counter BYJU'S claim on debt, say edtech firm has to pay entire $1.2B term loan B
US lenders represented by Glas Trust have countered BYJU'S founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered ...
Hosted on MSN28d
US lenders counter Byju's claim on debt, say edtech obligated to repay full $1.2 billion TLB
US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered ...
Hindustan Times3d
Byju’s founder Raveendran says missing funds went to legitimate purpose
The founder of Byju’s, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.
Gulf News1mon
Byju's bankruptcy ruling in US catches Indian official off guard
Court decision will lead to involuntary Chapter 11 bankruptcy of US units Pankaj Srivastava, appointed this year as Byju's Interim Resolution Professional, is requesting to stay the effect of the ...