A suspended director of the troubled Indian educational tech firm Byju’s must pay $10,000 a day until he helps locate $533 million that his company is accused of hiding from US lenders, a judge said ...
Byju’s says its recently launched $200 million rights issue has been fully subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group ...
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered ...
In another trouble for embattled edtech giant BYJU’S, the Enforcement Directorate (ED) has reportedly found it to allegedly have violated Foreign Exchange Management Act (FEMA) rules for an amount of ...
MUMBAI (Reuters) - Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less than its peak valuation of $22 billion last year, after the ...
Add Yahoo as a preferred source to see more of our stories on Google. An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju's, once India's most valuable startup, in response ...
NEW DELHI (Reuters) - Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test.
Manipal Education & Medical Group (MEMG) has shown interest to buy all possible assets of Think & Learn Pvt Ltd, but the main asset that they are eyeing is the 25% stake that the company holds in ...
Feb 1 (Reuters) - A U.S. unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the U.S. court of Delaware, listing liabilities in the range of $1 ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. A top official of Indian tech firm Byju’s violated his ...
Troubled Indian edtech firm Byju’s is in the spotlight again. Amsterdam-listed investment company Prosus wrote down the value of its 9.6% stake in Think & Learn, the parent company of the ...
A U.S. unit of what was once among the hottest Indian education-tech startups filed for bankruptcy following a $1.2 billion loan default that the company disputed. Byju’s Alpha’s, a U.S. shell entity ...
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