Edtech firm Byju’s founder Byju Raveendran is preparing to appeal a US bankruptcy court order that directed him to pay more than $1 billion...

A US bankruptcy court has found Byju Raveendran in default for blocking the discovery process and ordered him to pay over $1 billion. The r...

Oliver Chapman, founder and chief executive of the UK-based OCI, claims that Byju’s Alpha diverted $533 million using his firm to another e...

UK-based OCI Limited claims Byju's founder Byju Raveendran "roundtripped" $533 million loaned to a US SPV for personal use. OCI's founder s...

The lenders will be sued in Indian and overseas courts. Meanwhile, the group of lenders has filed a case in a US bankruptcy court against R...

The US Bankruptcy Court found Byju’s suspended director, Riju Ravindran, founder Byju Raveendran, hedge fund Camshaft Capital Fund, and par...

As per the lenders' statement, the court confirmed that several fund transfers from Byju’s Alpha were fraudulent and constituted theft. It ...

This means the lenders can demand a full repayment from the troubled edtech firm and take control of Byju's US entity, Byju's Alpha. This i...

The court, according to the lender statement, also found that founders Byju Raveendran and Divya Gokulnath are working in concert with Byju...

NCLT gives Byju’s three weeks to respond to US lenders’ petition; seeks response to BCCI plea as well

Two of the biggest names in the Indian startup world, Paytm's Vijay Shekhar Sharma and Byju's founder Byju Raveendran, face an existential ...

Byju's Alpha unit listed its assets in the range of $500 million to $1 billion, according to a court filing, which showed estimated credito...

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the company’s mounting distress after a pandemic-era boom in...

The appointment was made on behalf of the secured creditors of Byju’s Alpha, as part of the lenders’ exercise of their security rights foll...

During the hearing, the counsel representing the defendants submitted that access and control of three bank accounts that the company uses,...

The fund transfers “did not contravene any terms of the parties’ credit agreement and the agreed-upon rights and responsibilities”, Byju’s ...

Lenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a fight between creditors and the se...