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 Downfall of India’s Hot Startup Is Wiping Out US Debtholders
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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 ...
NCLT reserves ruling on Byju’s creditor appeals, BCCI insolvency petition
Glas Trust and Aditya Birla Finance were initially part of Byju's CoC. Later, when insolvency resolution professional Pankaj ...
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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 ...
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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 ...
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Amitabh Kant Calls For A Deeptech-Focussed Fund Of Funds For Startups
Amitabh Kant highlighted that there is a need for patient capital for startups operating in the sector to fuel further ...