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Byju’s sells US assets Epic and Tynker at steep losses amid bankruptcy proceedings. The distressed sale aims to repay part of a $1.2B loan. Once valued at $22B, Byju’s faces legal woes ...
BYJU'S founder, Byju Raveendran, regrets securing a $1.2 billion term loan in 2021, citing it as a key factor in the company's current financial struggles despite having other equity options ...
Byju Raveendran, founder of Byju's, has announced a significant reboot for the edtech firm, dubbed "Byju's 3.0," focusing on AI-driven personalized learning. Raveendran addressed leadership and ...
Byju Raveendran said that the company could have taken expansion a little slower but had to heed the mandate of the investors for growth in the COVID era.
You may not believe this, but Byju’s early-learning kits are still available online. Now this raises questions about the company’s future and makes us wonder about the strategy they plan to follow.
For startups, Byju’s serves as a cautionary tale emphasising the importance of sustainable growth, transparency, and delivering genuine value.
The Delaware Supreme Court upheld a ruling declaring Byju's in default on its $1.2 billion loan, allowing lenders to retain control of Byju’s Alpha Inc. The court dismissed Byju’s appeal ...
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's said on ...
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 ...
Many of Byju's 27,000 workers are considering filing lawsuits or staging street protests after three months without pay. Approximately 3,000 have submitted claims since a court-appointed administrator ...
An Indian court has initiated insolvency proceedings against edtech giant Byju's, once-valued at $22 billion.
Byju’s Alpha, U.S. Unit of Indian Ed-Tech Startup, Files for Chapter 11 Once valued at $22 billion, Byju’s faced difficulties postpandemic as students returned to schools.
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