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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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 ...
The Financial Express7d
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 ...
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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 ...
The Financial Express20d
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 ...