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Verified Debt Claim On Byju's Is Only Rs 20 Crore, Says Founder
Think & Learn, which owns Byju's may not have to pay any amount for the disputed USD 1.2-billion Term Loan B due the present "behaviour" of Glas Trust -- an agency which is representing US-based lenders -- Founder and CEO Byju Raveendran said.
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Auditor Suggested Backdating Reports, We Didn't Agree: Byju's CEO
Byju's audit firm BDO had suggested backdating of reports, which the company refused, and their resignation is more of optics, a top official of the edtech firm alleged on Saturday.
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No July Salaries For Byju's Employees Yet, Founder Explains Why
Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.
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Byju's Faces Total Shutdown If Insolvency Proceeds, Says CEO Byju Raveendran
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters.
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Byju's Appeals Insolvency Order, Seeks Urgent Hearing: Report
Crisis-ridden Byju's has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI's petition for initiating insolvency proceedings against the once-famed edtech company, sources said.
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Byju Raveendran Failed Because He Didn't Listen To Anyone: Unacademy CEO
Byju Raveendran, Founder and Group CEO of embattled edtech firm Byju's, faced setbacks as he put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, Co-founder and CEO of Unacademy on Friday.
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Byju's Clears March Salary Of Employees After CEO Takes Personal Debt: Report
Ahead of the National Company Law Tribunal (NCLT) hearing on Tuesday, Edtech company Byju's has paid partial salaries to employees for March. Sources told ANI that Byju's founder and CEO Raveendran has raised debt in personal capacity to pay part of
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Byju's Founder To Take Over Firm's Daily Operations After CEO Quits
Founder of the edtech company Think and Learn, which owns the Byju's brand, Byju Raveendran will handle the firm's day-to-day operations following the resignation of CEO Arjun Mohan.
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Byju's Likely To Miss Salary Deadline Amid Rift With Investors: Report
Edtech firm Byju's is likely to miss today's deadline to pay the salaries of more than 20,000 employees for February.
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Amid Dispute With Investors, Byju Raveendran Says Can't Pay Salaries
Amidst the ongoing financial crisis in Byju's, company CEO Byju Raveendran on Saturday said that the edtech firm will not be able to pay the salaries of its employees.
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Explained: Mystery Of Byju's 'Hidden' $533 Million Stuck In Offshore Trust
Edtech firm Byju's parent company, Think & Learn Pvt, has found itself embroiled in a complex web of financial mismanagement, offshore dealings, and legal disputes. At the centre of it is $533 million and a Florida hedge fund.
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"I Continue To Remain CEO": Byju Raveendran Day After Shareholders' Move
Amidst growing trouble in the edtech firm Byju's, the company's CEO Byju Raveendran told employees that he continues to remain the chief executive officer of the company.
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"Null And Void": Byju's Contests Shareholders' Move To Oust CEO
Crisis-hit edtech star Byju's has contested Friday's decision of its shareholders to oust its founder as the chief executive officer.
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"Founders Didn't Attend": Byju's Terms Investors Move To Oust CEO Invalid
Shareholders in Indian ed-tech startup Byju's, including tech investors Prosus and Peak XV Partners, voted on Friday to oust its founder and CEO Byju Raveendran, Prosus said in a statement.
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Byju's Investors Vote To Oust CEO In Hours-Long Zoom Call Crashed By Staff
Major Byju's shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the fate of the once high-flying online tutoring startup that is fighting to remain in business.
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Verified Debt Claim On Byju's Is Only Rs 20 Crore, Says Founder
Think & Learn, which owns Byju's may not have to pay any amount for the disputed USD 1.2-billion Term Loan B due the present "behaviour" of Glas Trust -- an agency which is representing US-based lenders -- Founder and CEO Byju Raveendran said.
-
Auditor Suggested Backdating Reports, We Didn't Agree: Byju's CEO
Byju's audit firm BDO had suggested backdating of reports, which the company refused, and their resignation is more of optics, a top official of the edtech firm alleged on Saturday.
-
No July Salaries For Byju's Employees Yet, Founder Explains Why
Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.
-
Byju's Faces Total Shutdown If Insolvency Proceeds, Says CEO Byju Raveendran
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters.
-
Byju's Appeals Insolvency Order, Seeks Urgent Hearing: Report
Crisis-ridden Byju's has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI's petition for initiating insolvency proceedings against the once-famed edtech company, sources said.
-
Byju Raveendran Failed Because He Didn't Listen To Anyone: Unacademy CEO
Byju Raveendran, Founder and Group CEO of embattled edtech firm Byju's, faced setbacks as he put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, Co-founder and CEO of Unacademy on Friday.
-
Byju's Clears March Salary Of Employees After CEO Takes Personal Debt: Report
Ahead of the National Company Law Tribunal (NCLT) hearing on Tuesday, Edtech company Byju's has paid partial salaries to employees for March. Sources told ANI that Byju's founder and CEO Raveendran has raised debt in personal capacity to pay part of
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Byju's Founder To Take Over Firm's Daily Operations After CEO Quits
Founder of the edtech company Think and Learn, which owns the Byju's brand, Byju Raveendran will handle the firm's day-to-day operations following the resignation of CEO Arjun Mohan.
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Byju's Likely To Miss Salary Deadline Amid Rift With Investors: Report
Edtech firm Byju's is likely to miss today's deadline to pay the salaries of more than 20,000 employees for February.
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Amid Dispute With Investors, Byju Raveendran Says Can't Pay Salaries
Amidst the ongoing financial crisis in Byju's, company CEO Byju Raveendran on Saturday said that the edtech firm will not be able to pay the salaries of its employees.
-
Explained: Mystery Of Byju's 'Hidden' $533 Million Stuck In Offshore Trust
Edtech firm Byju's parent company, Think & Learn Pvt, has found itself embroiled in a complex web of financial mismanagement, offshore dealings, and legal disputes. At the centre of it is $533 million and a Florida hedge fund.
-
"I Continue To Remain CEO": Byju Raveendran Day After Shareholders' Move
Amidst growing trouble in the edtech firm Byju's, the company's CEO Byju Raveendran told employees that he continues to remain the chief executive officer of the company.
-
"Null And Void": Byju's Contests Shareholders' Move To Oust CEO
Crisis-hit edtech star Byju's has contested Friday's decision of its shareholders to oust its founder as the chief executive officer.
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"Founders Didn't Attend": Byju's Terms Investors Move To Oust CEO Invalid
Shareholders in Indian ed-tech startup Byju's, including tech investors Prosus and Peak XV Partners, voted on Friday to oust its founder and CEO Byju Raveendran, Prosus said in a statement.
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Byju's Investors Vote To Oust CEO In Hours-Long Zoom Call Crashed By Staff
Major Byju's shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the fate of the once high-flying online tutoring startup that is fighting to remain in business.
