Byju's

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

2024-08-14T09:27:08.000Z
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.

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

2024-08-03T04:57:00.000Z
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.

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

2024-03-14T23:54:55.000Z
Byju’s rejected the resolutions, which also sought to remove Byju Raveendran from the board of the company he founded in 2015.

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

2024-02-23T13:06:36.000Z
Shareholders are growing impatient with the slow progress in finalising accounts at the edtech startup once deemed India’s most valuable.

Byju’s CFO quits and rejoins Vedanta to oversee restructuring

2023-10-24T04:34:48.000Z
Byju’s and its creditors are mired in a prolonged restructuring conflict after the firm breached covenants on a US$1.2 billion loan.

Byju’s lenders move to put Singapore unit in receivership

2023-10-13T12:31:03.000Z
The firm, valued at US$22 billion last year, has experienced a series of business setbacks, including its auditor and board members quitting.

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

2023-09-27T01:02:11.000Z
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.

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

2023-09-11T12:49:03.000Z
Byju’s officials are in ongoing talks with lenders to amend terms of the US$1.2 billion in loans.

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

2023-08-06T02:30:00.000Z
Troubles have been mounting for Byju’s business, which boomed during the pandemic, with its flagship app topping 100 million users.

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

2023-07-24T07:49:34.000Z