Lenders owed more than $1.2 billion are fighting to liquidate US education software companies that Byju’s purchased a few years ago for $82...

A lawsuit in Delaware claims that Byju Raveendran's company illegally transferred nearly $700,000 from US affiliates amid bankruptcy procee...

The decision, made at a Tuesday hearing in Delaware, will lead to involuntary Chapter 11 bankruptcy of units including Neuron Fuel Inc., Ep...

After imposing the sanctions on Riju Ravindran, US Bankruptcy Judge Brendan Shannon also rejected a request to put the US debt fight on hol...

Byju's Alpha unit listed its assets in the range of $500 million to $1 billion, according to a court filing, which showed estimated credito...

In May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Ins...

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the company’s mounting distress after a pandemic-era boom in...

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

In the legal notice which was sent to the company last week, Davidson Kempner said it reserves the right to invoke Aakash’s pledged shares ...

The virtual town hall, a 50-minute call starting around 11 am, had Mohit assure employees that the company will no longer delay variable pa...

Before his UpGrad stint, Arjun Mohan had spent a little over 11 years at K-12 edtech major Byju’s, where his last designation was chief bus...

Lenders 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...

Creditors may hike rate by 200-300 bps as debt-financing pact being reworked.

Aakash Educational Services will issue convertible notes that will convert into equity at a discount of 20% to the listing price of the uni...

Byju's, which continues to face overall scrutiny of its financials and business model, is in talks to raise another $500 million in funding...

General Atlantic manages $35 billion in assets across the world, and has been among the rare growth-stage funds to make several bets on fle...

The edtech company also claimed it had turned profitable on a full-year basis, without disclosing the exact profit number.