Byju’s founders plan $2.5 billion lawsuit against Glas Trust, others for reputational damageThe lenders will be sued in Indian and overseas courts. Meanwhile, the group of lenders has filed a case in a US bankruptcy court against R...
17 Jul, 2025, 10.35 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 bankruptcy court says Byju’s founder failed to comply with orderThe court has further directed Raveendran to comply with the discovery orders. “Raveendran shall remit to the clerk of court the sum of $10...
10 Jul, 2025, 04.26 PM IST
Byju’s US assets Epic and Tynker sold for a songComputer science education company CodeHS has acquired Tynker for $2.2 million in cash, a significant drop from the $200 million that Byju’...
11 Jun, 2025, 07.24 AM IST
US lenders’ consortium files lawsuit against Byju’s founder, othersMembers of a lending consortium have sued Byju Raveendran, his wife Divya Gokulnath, and Anita Kishore, alleging they misappropriated $533 ...
10 Apr, 2025, 02.48 PM IST
Byju’s affiliate drained cash from US units in violation of bankruptcy rules: lawsuitA lawsuit in Delaware claims that Byju Raveendran's company illegally transferred nearly $700,000 from US affiliates amid bankruptcy procee...
09 Oct, 2024, 08.57 AM IST
Byju’s general counsel Roshan Thomas resigns from crisis-hit edtechIn a post on LinkedIn, Thomas said the decision to move on came after “careful consideration of various factors”
03 Jan, 2024, 02.59 PM IST
US-based Code.org sues Byju’s subsidiary WhiteHat Jr for contract breachCode.org is an education-related nonprofit organisation that provides K-12 computer science curriculum in school districts in the US. White...
26 Dec, 2023, 08.22 PM IST
Byju’s hid $533 million in hedge fund once run from a Miami pancake shop, lenders allegeIndian ed-tech company Byju's has been accused of hiding $533 million in a hedge fund founded by William C. Morton, who allegedly had no fo...
13 Sep, 2023, 12.59 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
Delaware court spikes Byju’s TLB lenders’ plea to investigate $500 million transferDuring the hearing, the counsel representing the defendants submitted that access and control of three bank accounts that the company uses,...
28 Jun, 2023, 12.18 AM IST
Byju’s lenders open to negotiations, seek draft loan amendment proposalReject call for one-on-one meetings, will act collectively on disputed $1.2 billion term loan B
14 Jun, 2023, 11.11 PM IST
Lenders call Byju’s lawsuit ‘meritless’, an effort to avoid obligationsAfter filing suit against American investment management firm Redwood and its entities, Byju’s missed its quarterly interest payment of abo...
09 Jun, 2023, 11.12 PM IST
Byju’s lawsuit is meritless, say lenders; Sam Altman calls on ModiIt’s all happening out there. After suffering a barrage of allegations and a lawsuit from Byju’s, a group of 21 lenders — specifically the ...
09 Jun, 2023, 08.11 PM IST
Byju’s denies allegations against US arm, says transfers fully compliant with credit agreementThe fund transfers “did not contravene any terms of the parties’ credit agreement and the agreed-upon rights and responsibilities”, Byju’s ...
19 May, 2023, 08.00 PM IST
Byju’s Alpha accused of hiding $500 million from lendersLenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a fight between creditors and the se...
19 May, 2023, 07.55 AM IST