Searched for
BYJUS RESTRUCTURING
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...- 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...
- Byju’s lenders petition to put subsidiaries in bankruptcy in the USCreditors led by HPS Investment Partners filed involuntary Chapter 11 cases in Delaware against Neuron Fuel Inc., Epic! Creations Inc. and ...
- Exclusive: Byju’s India CEO Arjun Mohan resigns, founder Raveendran to comeback at helm of daily opsByju Raveendran's return to the top of daily affairs after nearly four years is of significance as as a group of Byju’s investors voted in ...
- Read the full text of Byju Raveendran's letter to shareholders on rights issue, board restructuringByju Raveendran informs shareholders that the $200 million rights issue is fully subscribed, emphasizes the importance of all shareholders ...
- 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”
- Byju’s elevates Jiny Thattil to CTO replacing Anil GoelJiny Thattil, had been serving as a senior vice president of engineering of Epic, an acquired business of the Bengaluru-headquartered major.
- Byju's CFO Ajay Goel quits in seven months, Nitin Golani to take chargeGoel to go back to Vedanta; help with big restructuring at the mining group.
- Byju’s creditors onboard Kroll to ‘safeguard’ assets including Great LearningThe appointment was made on behalf of the secured creditors of Byju’s Alpha, as part of the lenders’ exercise of their security rights foll...
- Byju’s new India CEO Arjun Mohan to cut more than 4,500 jobsArjun Mohan, the new CEO of Byju's India, plans to implement several changes at the edtech firm, including cutting about 4,000-4,500 jobs t...
- WhiteHat Jr CEO Ananya Tripathi leaves in another top-level exit at Byju’sTripathi was one of at least five business vertical heads who reported to Mrinal Mohit, Byju’s India business head. Four of them, including...
- Byju’s lenders accused of using bogus loan-default claimsThe distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing problems for Byju...
- 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...
- Byju’s lenders scrap talks to restructure $1.2 billion loanThe talks were called off after the creditors moved court, accusing the firm of hiding $500 million of funds raised, the people said, askin...
- 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...
- Byju’s under fire: our top stories covering controversies surrounding the edtech majorByju’s, Indian highest-valued startup, had a torrid 2022 thanks to a series of controversies over its financials, unpaid loans, governance ...
- Byju Raveendran raising funds to buy back up to 15% in edtech firm: reportCurrently, Raveendran owns about 25% of the edtech startup. Discussions with shareholders and financiers are still in the early stages and ...
- Bengaluru employee union alleges Byju's forcing resignations; company denies claimsA Bengaluru-based union of IT sector employees has flagged “massive retrenchment” drive at the company where the company staff is being ask...
- Kerala orders probe as Byju's closes its office, sacks staffByju’s had earlier said it would “rationalise” about 5% of its 50,000-strong workforce across departments such as product, content, media a...
- KKR’s Ananya Tripathi may join Byju’s Whitehat Jr as CEOTripathi’s potential entry at Whitehat Jr comes at a time when the coding platform for kids has faced severe criticism for its business pra...
Load More
