Valued at $18bn, Bangalore-headquartered Byju’s is not only the world’s most valuable edtech start-up but also India's most ...
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.
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.
Citing the court papers, Bloomberg said that a trustee of one of the affiliates of the Byju Raveendran-led company has accused BYJU’S of syphoning off funds to Whitehat Education Technology.
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) -- 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 ...
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 ...
He, however, added that BYJU’S was hit by a “liquidity crunch” just as the company was “poised to see the returns on these strategic investments”. Raveendran reportedly claimed that the ...
Byju Raveendran, the founder and CEO of the beleaguered edtech firm Byju's, which defaulted on its U.S. debts, has denied orchestrating a scheme to fraudulently transfer $533 million away from ...
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