Downfall of Byju's, India's hot edutech startup, wipes out US debtholders
Recoveries will need to come from how Indian courts rule on the company's broader insolvency plan and how it aims to repay ...
The Downfall Of India’s Startup Byju's Is Wiping Out US Debtholders
The case is shaping up as a lesson about the perils of lending at a time when money can rapidly disappear across borders.
Byju’s CIRP Reveals Employee Claims and Financial Struggles
Employees raised ₹177.5 Cr for unpaid emoluments, out of which only ₹ 32.56 Cr were accepted provisionally. Create a legal ...
The Financial Express12d
Byju’s employee claim hits Rs 177.5 crore
Employees who don't find their names in the current list have been advised to send a reminder email to the designated email ...
The Fall of India’s Hot Startup Is Wiping Out US Debtholders
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NCLT Reserves Order On Appeals Filed By Creditors Of BYJU’S
NCLT has reserved its order on the appeals filed by creditors of BYJU’S, Glas Trust and Aditya Birla Finance, seeking to be ...
The Financial Express25d
Newsmakers of 2024: Byju Raveendran, co-founder & CEO, Byju’s
Troubles for Byju Raveendran, co-founder and CEO of Byju’s, once the country’s most valued edtech firm, may have started a few years ago, but 2024 saw the curtains finally coming down on the ...
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NCLT Quashes Akshay Kumar’s Insolvency Plea Against Cuemath
NCLT has dismissed an insolvency plea filed by Akshay Kumar against Cuemath over non-payment of endorsement fee on January 7 ...
rediff.com8d
2,148 Edtech Start-Ups Have Shut Down
India's once-thriving edtech sector is witnessing a significant downturn with 2,148 startups having shut operations in the ...