The Business Times

Byju's

Consumer & Healthcare

US lenders push Indian ed-tech giant Byju’s towards insolvency

The missing money is at the heart of a dispute between lenders owed US$1.2 billion and the startup founded by entrepreneur Byju Raveendran.
Startups

Byju’s lenders seek to block payment to India cricket board

Byju’s is in serious financial trouble and faces disputes with its shareholders as well as court fights with its lenders, Byju’s Alpha lawyer Benjamin Finestone says.
Startups & Tech

Byju’s must freeze US$533 million in win for lenders, judge says

The job cuts are being implemented only at Byju’s parent, Think & Learn, and are not linked to any of its subsidiaries, the report says.
Startups & Tech

Byju’s investors vote to oust CEO from troubled EdTech startup

Parent Vedanta Resources faces about US$3 billion of bond repayments in the next two years, and having a professional with previous experience at the group will help Agarwal
Startups

Byju’s CFO quits and rejoins Vedanta to oversee restructuring

Byju’s and its creditors have been mired in a prolonged restructuring conflict after the firm breached covenants on a US$1.2 billion loan.
Startups & Tech

Byju’s lenders move to put Singapore unit in receivership

The job cuts are being implemented only at Byju’s parent, Think & Learn, and are not linked to any of its subsidiaries, the report says.
Startups

India’s Byju’s to merge businesses, slash around 5,500 jobs: ET

Byju’s has experienced a series of business crises, including its auditor and board members quitting, and has been negotiating the repayment of a US$1.2 billion loan in the last few months.
Companies & Markets

India’s Byju’s looks to raise US$1 billion with sale of Great Learning, Epic

Byju’s officials are in ongoing talks with lenders to amend terms of the US$1.2 billion in loans.
Startups

Byju’s lenders accused by lawyer of using bogus default claims

FILE PHOTO: FILE PHOTO: People walk past an advertising hoarding of Byju's, an education technology company and one of India's biggest startup, outside one of its branches in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo/File Photo
Startups

Byju’s, creditors aim to amend US$1.2 billion loan terms

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