The downfall of India’s hot startup is wiping out US debtholders
Byju's, Indias most valuable startup, faced a corporate collapse after borrowing $1.2 billion in the US. Legal issues arose ...
The Fall of India’s Hot Startup Is Wiping Out US Debtholders
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Amazon to acquire fintech lending startup Axio in a $200 million all-cash deal
Axio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following ...
Dublin-based Inspeq AI enters India market with office in Bengaluru
Dublin-headquartered AI-safety startup Inspeq AI on Thursday announced its foray into the India market with its first office ...
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 ...
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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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Byju’s Insolvency: Employee Claims and Ongoing Verification
Byju's corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding ...