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 ...
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 ...
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 ...
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 ...
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 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 ...
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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 ...