News Startups India’s Supreme Court overturns NCLAT order, reinstates Byju’s insolvency proceedings Edtech major Byju’s has once again run into another major setback. India’s… Soumyadeep SarkarOctober 23, 20242 minute read
News Startups Byju’s founder Byju Raveendran says company is now “worth zero” Byju’s had once been a beacon of success in the Indian ed-tech… Soumyadeep SarkarOctober 18, 20242 minute read
News Startups Byju’s accused of fund transfer in violation U.S. bankruptcy rules, alleges fresh US lawsuit Indian edtech upstart Byju’s will see an extension of an already sprawling… Soumyadeep SarkarOctober 9, 20242 minute read
News Startups Byju’s declared in default of $1.5B loan in the US by Delaware Supreme Court The troubles of edtech major Byju’s are just piling on. More than… Soumyadeep SarkarSeptember 24, 20243 minute read
News Startups Byju’s investors appeal to India’s Supreme Court amid insolvency crisis Major foreign investors in Byju’s, the beleaguered Indian edtech giant, have sought… Soumyadeep SarkarAugust 28, 20242 minute read
News Startups India’s NCLAT halts insolvency against Byju’s, approves BCCI settlement Byju’s, the once $22Bn valued embattled edtech giant , received a favorable… Soumyadeep SarkarAugust 3, 20243 minute read
News Startups Byju’s faces insolvency as Indian Cricket Board drags it to NCLT over unpaid dues Byju’s, the Indian edtech giant that was once hailed as the nation’s… Soumyadeep SarkarJuly 17, 20242 minute read
News Startups HSBC assigns ‘zero’ financial value to Prosus’ stake in Byju’s The Indian edtech sector, once a poster child for innovation and growth… Soumyadeep SarkarJune 8, 20242 minute read
Culture & Policy News Byju’s lays off another 500, mostly in sales: Report Byju’s, which continues to grapple with a multitude of challenges – financial… Soumyadeep SarkarApril 3, 20243 minute read
News Startups Byju’s Raveendran offers renounced shares amid latest attempts to save firm Byju’s founder Byju Raveendran seems to be making a final dash at… Soumyadeep SarkarMarch 30, 20242 minute read
Business News US judge orders edtech major Byju’s to freeze $533Mn Byju’s is set to face heat from the US, wherein its pending… Soumyadeep SarkarMarch 15, 20243 minute read
News Startups Continued financial troubles force India’s Byju’s to vacate most offices, shifts employees to WFH Byju’s, the once high-flying, $22bn valued Indian edtech story, is finding it… Soumyadeep SarkarMarch 12, 20243 minute read
News Startups Venture Capital Byju’s faces shareholder rebellion following vote to remove founder Byju Raveendran as CEO Byju’s, the edtech giant, is embroiled in a shareholder rebellion as investors… Soumyadeep SarkarFebruary 23, 20243 minute read
News Startups Byju’s eyes sale of Epic! Creations, its US-based digital reading platform for kids Embattled firm Byju’s – which finally got around to release its financials… Soumyadeep SarkarNovember 6, 20232 minute read
Culture & Policy News Byju’s CFO Ajay Goel steps down six months after joining The Chief Financial Officer (CFO) of India’s edtech giant Byju’s, Ajay Goel,… Praneetha BandaruOctober 24, 20232 minute read
News Startups PE firms show interest in potential stake in Byju’s owned Aakash More than two years after embattled edtech major Byju’s acquired tutorial chain… Soumyadeep SarkarOctober 20, 20233 minute read
Culture & Policy News Startups Byju’s plans 4k-5k job cuts in restructuring move: Reports Byju’s, once a shining beacon of success in the Indian startup ecosystem,… Soumyadeep SarkarSeptember 27, 20232 minute read
News Startups Byju’s lenders say company hid $533Mn in a Miami hedge fund that ran from a pancake shop: Report Byju’s financial and legal concerns are continuing to mount and direct narrative… Soumyadeep SarkarSeptember 13, 20233 minute read
Business Culture & Policy News Venture Capital Peak XV Partners will mark down the value of its Byju’s stake due to “lack of visibility” into company’s audited financials Byjus’ week just went from bad to worse, amid an unravelling flurry… Soumyadeep SarkarJuly 26, 20232 minute read
Culture & Policy News Startups Prosus, a major investor in Byju’s, says the company “regularly disregarded advice” despite repeated efforts The Byju’s corporate (mis)governance saga is getting an important chapter added to… Soumyadeep SarkarJuly 25, 20232 minute read
Culture & Policy News Startups Byju’s to rework its loan agreement with lenders for its $1.2 billion Term B loan: Report Embattled edtech major Byju’s, which has been fighting one crisis after another… Soumyadeep SarkarJuly 24, 20232 minute read