From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
27 May, 2026, 11.33 AM IST
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
13 May, 2026, 10.10 AM IST
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
05 May, 2026, 12.02 AM IST
NCLAT rejects Byju's lenders' plea to halt Aakash EGM on rights issueThe National Company Law Appellate Tribunal has rejected a plea from Glas Trust, Byju's largest lender, to stop Aakash Educational Services...
28 Oct, 2025, 07.22 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
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
ETtech Explainer: Edtech company Byju’s legal woes take new turnJust when things seemed to be going the way of the embattled edtech firm, a Supreme Court ruling in October last year overturning the NCLAT...
18 Feb, 2025, 09.50 AM IST
Byju’s faces new probe over financial, accounting practicesIndian authorities have launched an investigation into Byju's financial practices, including potential misreporting and fund diversion. Thi...
26 Nov, 2024, 02.33 PM IST
NCLAT adjourns Byju’s case hearing to Oct 1On August 14, the Supreme Court revived the insolvency case against Byju's, overturning National Company Law Appellate Tribunal (NCLAT) dec...
13 Sep, 2024, 12.00 AM IST
Byju’s founders tell NCLAT they settled BCCI arrearsEmbattled edtech startup Byju's and the Board of Control for Cricket in India (BCCI) have arrived at a settlement, a lawyer said on Wednesd...
31 Jul, 2024, 09.21 PM IST
ET Explainer: Byju's steps on the insolvency tripwire. What happens next?For more than a year now, the Bengaluru-based edtech company has been in turbulent waters with issues ranging from payment defaults, staff ...
23 Jul, 2024, 09.12 AM IST
Byju's founder Byju Raveendran faces reckoning as startup implodesPotential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passi...
22 Jul, 2024, 07.57 AM IST
NCLT admits BCCI's plea seeking insolvency proceedings against Byju'sThe NCLT said Byju's has a debt and a default in payment: all the ingredients for admitting the edtech into insolvency. BCCI had moved the ...
16 Jul, 2024, 03.04 PM IST
NCLT issues notice to Byju’s in insolvency case filed by a BPO service providerTeleperformance alleges that Byju has defaulted on payment of Rs 4.82 crore, excluding Rs 21 lakh interest to the company in lieu of busine...
07 Feb, 2024, 03.45 PM IST
ETtech Explainer: Why Byju’s pushed for arbitration in BCCI disputeTroubled edtech firm Byju’s told the National Company Law Tribunal on Wednesday that it had referred its dispute with the Board of Control ...
20 Jan, 2024, 11.27 AM IST
BCCI takes Byju’s to NCLT over default in sponsorship duesThe Indian cricket board has filed the application against Byju’s parent company, Think & Learn, under the Insolvency and Bankruptcy Code, ...
29 Nov, 2023, 04.44 PM IST