A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan
A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan
A US bankruptcy judge ordered Indian edtech startup Byju's founder Byju Raveendran on Nov. 20 to pay $1B+ to US lenders, over missing funds from Byju's US unit
Byju Raveendran, the embattled founder of Indian ed-tech giant Byju's, has blasted a U.S. bankruptcy court's order directing him to pay more than $1.07 billion.
A profile of Byju's CEO Byju Raveendran, who refuses to take responsibility for the edtech company's implosion and is accused of hiding $533M from US lenders
From Dubai, the enigmatic founder of Byju's recounts how he made his empire — and vows to rebuild it. X: @restofworld , @jeelanireports , @yudhijit , @rinachandran , @restofworld , @violazhouyi , and ...
A US court finds that Byju's and founder Byju Raveendran's brother violated a fiduciary duty to lenders by fraudulently hiding $533M from them
Steven Church / Bloomberg :
India's Supreme Court strikes down a tribunal order that let Byju's settle debts with India's cricket board, pushing the edtech startup firmly toward insolvency
Bloomberg :
Byju's founder Byju Raveendran says his edtech startup, valued at $22B in 2022, is effectively “worth zero”, and that he made mistakes and mistimed the market
Byju Raveendran, the founder of the embattled edtech group Byju's, acknowledged on Thursday afternoon that he made mistakes …
A look at the fall of Byju's, India's most valuable startup in 2022 at an estimated $22B, as the edtech startup faces insolvency and Indian and US lawsuits
Financial Times :
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options
An Indian tribunal orders a halt on insolvency proceedings against Byju's, days after Byju's settled a $19M payments dispute case with the Indian cricket board
Arpan Chaturvedi / Reuters :