Byju’s EGM: Sharp noises, ‘phishing’ attack delay cloud investor-led meeting to oust CEO RaveendranThe EGM has been called by a group of investors who are seeking to remove founder Byju Raveendran, his wife and brother from the board. The...
23 Feb, 2024, 11.49 AM IST
Baron Capital marks up Swiggy, Pine Labs valuation; almost halves Byju’s valueIn its April-June quarterly report, Baron Capital cut the valuation of Byju’s to $11.7 billion as of June 30, down 44.6% from $21.2 billion...
28 Aug, 2023, 08.12 PM IST
Byju’s, Davidson Kempner in talks to settle disputeByju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan coven...
08 Aug, 2023, 06.00 AM IST
Davidson Kempner begins rejig of Aakash boardThe hedge fund is inducting at least four new independent and nominee directors in the test-prep subsidiary of Byju’s parent Think & Learn,...
04 Aug, 2023, 01.39 PM IST
ETtech Recap: Five must-read stories on Byju's crisis this weekETtech brings you up to speed with all the latest developments surrounding Byju's.
29 Jul, 2023, 05.13 PM IST
Byju’s remits remaining PF contribution for employees after delayAccording to EPFO rules, employers or companies are mandated to deposit the PF for a particular month by the 15th of the next month.
26 Jul, 2023, 05.34 AM IST
More trouble for Byju’s as three board members, auditor Deloitte resignRepresentatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its aud...
25 Jul, 2023, 08.07 PM IST
Byju's shareholder Prosus cites poor corporate governance for board exitInvestment firm pledges to work with other shareholders and government authorities to safeguard the long-term interests of Byju’s and its s...
25 Jul, 2023, 05.13 PM IST
Byju’s, lenders aim to strike new pact for $1.2 billion loan by August 3A formal agreement with lenders is of considerable significance for Byju’s as its differences with the former over the $1.2 billion TLB hav...
24 Jul, 2023, 10.15 PM IST
Exclusive: Byju’s, lenders agree to alter terms of $1.2 billion loanCreditors could drop the demand for accelerated repayment; all litigations may come to an end if talks turn out to be fruitful.
24 Jul, 2023, 10.49 AM IST
Former SBI chairman Rajnish Kumar, ex-Infosys CFO Mohandas Pai join Byju’s advisory councilThese appointments come after Byju’s three key investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–resigned from the board le...
13 Jul, 2023, 11.05 PM IST
Government orders inspection of Byju's account booksIndia's Ministry of Corporate Affairs has ordered an inspection into the account books of embattled edtech startup Byju's, Bloomberg report...
11 Jul, 2023, 03.12 PM IST
Byju’s to form committee to advise CEO on board, governanceCEO Byju Raveendran told shareholders that Byju’s is much larger than any individual and decisions made will be in the best interest of the...
06 Jul, 2023, 07.37 PM IST
Byju’s staffers in a spot as recruiters fail to match payThree employees told ET that there is no internal communication from the management on what is happening with the business, or investors qu...
27 Jun, 2023, 10.51 AM IST
Board members quit as shareholding fell below minimum threshold: Byju’sBy Friday midnight, Peak XV Partners, Prosus and Chan Zuckerberg confirmed their exit from edtech’s board.
24 Jun, 2023, 01.15 PM IST
Peak XV, Prosus and Chan Zuckerberg confirm exit from Byju’s boardA Byju’s spokesperson had called our report about the resignations entirely speculative and denied the claims.
24 Jun, 2023, 08.03 AM IST
Byju’s troubles mount as board members, auditor Deloitte resign; Tata Digital rejigs top brassOn Thursday evening ETtech first broke the story of three of Byju’s key board members resigning. Soon after Deloitte, the edtech’s statutor...
23 Jun, 2023, 07.46 AM IST