Investors at Byju’s have demanded the company meet certain conditions before they invest new capital amid a deepening fund crunch.

Late last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holdin...

These investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they...

The hedge fund is inducting at least four new independent and nominee directors in the test-prep subsidiary of Byju’s parent Think & Learn,...

A formal agreement with lenders is of considerable significance for Byju’s as its differences with the former over the $1.2 billion TLB hav...

Dream11 was the only serious contender in the race as Disney Star was the only other company that picked the tender document, a source told...

Think and Learn, the parent entity of Byju’s, had raised Rs 2,000 crore as a three-year loan facility from Davidson Kempner in a structured...

A few months back the Reserve Bank of India had asked NBFCs about their exposure to the edtech sector, fearing that trouble may be brewing ...

Founder Byju Raveendran and chief financial officer Ajay Goel, along with other leadership members, briefed about 75 shareholders on Saturd...

Founder Raveendran to be summoned for questioning; co says it has provided all info sought by ED

Byju’s, Indian highest-valued startup, had a torrid 2022 thanks to a series of controversies over its financials, unpaid loans, governance ...

Edtech company yet to agree to the clause; lenders also want fortnightly updates on firm’s cash position. Byju’s holds $650 million in over...

Goel, who has worked in senior positions in firms such as Daiageo and GE, is joining Byju’s at a time when the company is in the middle of ...

Creditors may hike rate by 200-300 bps as debt-financing pact being reworked.

Founded in 2011, the Bengaluru-based startup launched its learning app in 2015 and soon snowballed into a multibillion-dollar behemoth - an...

Sources close to the company said the latest move is part of a $400-500 million round Byju's is looking to raise through convertible instru...

Edtech firm files returns under special provision; auditor in-principle agrees to sign statements, say executive