Byju Bankruptcy
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Byju's US Units Wrongly Stripped Of Education App, Court Rules
Two money-making education apps that are part of the troubled Byju's software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday.
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Another Byju's Auditor Resigns, Firm Shares "Real Reason" Behind Exit
Grappling with several issues, Byju's has found itself in new controversy as its auditor BDO resigned with immediate effect, highlighting multiple issues with the embattled edtech firm, including significant delays in financial reporting.
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US Lenders Won't Have A Say On Who Runs Byju's Amid Bankruptcy Concerns
US lenders to Byju's were removed from an influential creditors committee by a court-appointed arbitrator in India, a potential boon for the struggling online-education company seeking to avert bankruptcy.
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Byju's Must Freeze $533 Million, Says US Bankruptcy Judge In Win For Lenders
Tech firm Think & Learn Pvt must freeze $533 million to protect the money for disgruntled lenders who claim the cash should only be used to pay them, a US judge said on Thursday.
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Byju's Investors To Meet Today To Decide CEO's Future, But There's A Catch
The fate of Byju Raveendran, founder and CEO of ed-tech giant Byju's, hangs in the balance as an extraordinary general meeting (EGM) of its investors is scheduled to take place today.
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Byju's Billionaire Founder Gets Court Relief In Fight Against Shareholders
Ed-tech firm Byju's said Wednesday a court had given it temporary protection in its fight against a group of shareholders trying to sack the company's billionaire founder.
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Byju's US Unit Files For Bankruptcy Protection
A unit of Byju's, once one of India's hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in debt.
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Byju's US Unit Files For Bankruptcy In Delaware
A US unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware, listing liabilities in the range of $1 billion to $10 billion.
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Byju's US Units Wrongly Stripped Of Education App, Court Rules
Two money-making education apps that are part of the troubled Byju's software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday.
-
Another Byju's Auditor Resigns, Firm Shares "Real Reason" Behind Exit
Grappling with several issues, Byju's has found itself in new controversy as its auditor BDO resigned with immediate effect, highlighting multiple issues with the embattled edtech firm, including significant delays in financial reporting.
-
US Lenders Won't Have A Say On Who Runs Byju's Amid Bankruptcy Concerns
US lenders to Byju's were removed from an influential creditors committee by a court-appointed arbitrator in India, a potential boon for the struggling online-education company seeking to avert bankruptcy.
-
Byju's Must Freeze $533 Million, Says US Bankruptcy Judge In Win For Lenders
Tech firm Think & Learn Pvt must freeze $533 million to protect the money for disgruntled lenders who claim the cash should only be used to pay them, a US judge said on Thursday.
-
Byju's Investors To Meet Today To Decide CEO's Future, But There's A Catch
The fate of Byju Raveendran, founder and CEO of ed-tech giant Byju's, hangs in the balance as an extraordinary general meeting (EGM) of its investors is scheduled to take place today.
-
Byju's Billionaire Founder Gets Court Relief In Fight Against Shareholders
Ed-tech firm Byju's said Wednesday a court had given it temporary protection in its fight against a group of shareholders trying to sack the company's billionaire founder.
-
Byju's US Unit Files For Bankruptcy Protection
A unit of Byju's, once one of India's hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in debt.
-
Byju's US Unit Files For Bankruptcy In Delaware
A US unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware, listing liabilities in the range of $1 billion to $10 billion.
