From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
27 May, 2026, 02.40 PM IST
US court filing alleges $533 million was roundtripped for personal use, Byju’s deniesUK-based OCI Limited claims Byju's founder Byju Raveendran "roundtripped" $533 million loaned to a US SPV for personal use. OCI's founder s...
17 Nov, 2025, 09.27 PM IST
Byju’s crisis timeline: From edtech giant to fighting legal battlesByju’s, the once celebrated edtech giant, has found itself embroiled in a prolonged legal and financial crisis. Delayed audits, funding sho...
25 Oct, 2025, 07.34 PM IST
EY-backed RP sues Byju’s Dubai-based marketing agent for Rs 1,597 croreThink and Learn, facing insolvency, is suing Dubai-based More Ideas General Trading for Rs 1,597 crore over alleged unpaid dues. The lawsui...
10 Jul, 2025, 06.04 PM IST
US lenders’ representative Glas Trust rejects Byju Raveendran’s allegations of fraud, collusionGlas Trust, representing US lenders of $1.2 billion to Byju's, denied allegations of collusion and fraud by founder Byju Raveendran, callin...
10 Apr, 2025, 12.30 PM IST
“I am not a flower; I am the fire”: Byju Raveendran replies Pushpa Raj style after filing FIR against resolution professional, EY partnersByju Raveendran has filed a First Information Report. The FIR names Pankaj Srivastava, Glas Trust, and some EY employees. Raveendran allege...
09 Apr, 2025, 10.30 AM IST
Byju’s founder files FIR against former resolution professional, EY, Glas TrustByju Raveendran, founder of Byju's, has filed an FIR against ex-resolution professional Pankaj Srivastava, Glas Trust (Byju's US lenders), ...
08 Apr, 2025, 06.21 PM IST
US court finds Byju Raveendran, Think & Learn, company directors guilty of fraudAs per the lenders' statement, the court confirmed that several fund transfers from Byju’s Alpha were fraudulent and constituted theft. It ...
01 Mar, 2025, 07.04 AM IST
Investors leaving board was biggest setback; Byju's now worth zero: founder RaveendranThe founder of the once-most-valued Indian startup said investors threw Byju’s under the bus at the first sign of crisis. While sounding op...
17 Oct, 2024, 08.45 PM IST
Byju's auditor BDO resigns a year after Deloitte’s exit: a timeline of eventsTroubled edtech company Byju's said in a statement that its auditing firm, MSKA Associates, an affiliate of BDO International, resigned bec...
07 Sep, 2024, 04.51 PM IST
Proceedings initiated against Byju's under companies law 'still ongoing': MCALast year, the ministry ordered the inspection of the books of Byju's in the wake of various developments at the edtech company, including ...
26 Jun, 2024, 09.49 PM IST
Probe finds Byju’s failed investors but didn’t commit fraudByju's governance lapses led to financial troubles, legal battles, and Raveendran's efforts to innovate and manage debts for the ed-tech co...
26 Jun, 2024, 11.35 AM IST
MCA seeks fast submission of inspection report on Byju’s; company says 'complied with' govt directionsThe Ministry of Corporate Affairs (MCA) has requested a swift investigation into potential corporate governance issues at Byju's and will d...
26 Feb, 2024, 09.32 PM IST
Former Byju's employee reveals she was forced to resign by edtech giant; emotional video goes viral on LinkedInA video of a former Byju’s staff tearfully revealing that the company had threatened to withhold her salary if she didn’t resign immediatel...
28 Jul, 2023, 01.37 PM IST
MCA summons likely for directors of Byju’s parentA senior official privy to the developments told ET that the officer conducting the inquiry will also ask the directors to join the probe i...
18 Jul, 2023, 04.50 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 cofounder Divya Gokulnath claims media reports on FY21 financials were misleadingTaking to LinkedIn, Gokulnath compared Byju’s results with the second biggest blockbuster of the year after the Bollywood movie Brahmastra.
20 Sep, 2022, 04.50 PM IST