Byju Raveendran informs shareholders that the $200 million rights issue is fully subscribed, emphasizes the importance of all shareholders ...

CEO Byju Raveendran said he is taking steps to ensure transparency on the usage of the funds. He also reiterated in his note that a few ves...

Unlike Epic — which is also on the block — the sale of Great Learning is being overseen directly by its founder Mohan Lakhamraju, along wit...

Code.org is an education-related nonprofit organisation that provides K-12 computer science curriculum in school districts in the US. White...

Troubled edtech reduces notice period to 15-30 days across staff level to cut costs

The terminated office assets include 550,000 sq ft in Kalyani Tech Park in Whitefield and 70,000 sq ft in IBC Knowledge Park, people aware ...

The complaint has been registered to the Bengaluru bench of the National Company Law Tribunal (NCLT). To further decide on the case, judges...

The earnings before interest, taxes, depreciation, and amortisation-based loss of the core business was down from Rs 2,406 crore to Rs 2,25...

Goel to go back to Vedanta; help with big restructuring at the mining group.

Chaudhry served as the CEO till November 2020 as part of the founding family that ran Aakash Institute independently.

The initial $170 million tranche will pay off Davidson Kempner debt; the Manipal chairman may rope in more PEs.

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...

Tripathi was one of at least five business vertical heads who reported to Mrinal Mohit, Byju’s India business head. Four of them, including...

The distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing problems for Byju...

India's Ministry of Corporate Affairs has ordered an inspection into the account books of embattled edtech startup Byju's, Bloomberg report...

An earlier pact signed by the lenders’ consortium, which requires them to act in concert in negotiations with the edtech, is set to expire ...

The announcement on the IPO for Aakash, which Byju’s acquired in 2021 for $950 million, has come amid the company reportedly facing a $40 m...