Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential, and that his startup, ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. A top official of Indian tech firm Byju’s violated his ...
Even as the tubelights go off one by one, BYJU’S founder and CEO Byju Raveendran continues to fight the fight and delay what looks like the inevitable. The latest weapon in his arsenal is an anonymous ...
Byju Raveendran, co-founder and CEO of Byju’s, said the exit of key investors in the company affected its ability to raise funds. What Happened: In a social media interaction, Raveendran said Prosus, ...
The US court observed that there was an actual fraudulent transfer of $533 Mn to BYJU’S-owned entity Camshaft The bankruptcy court also directed the lenders and BYJU’S to submit a “joint proposed ...
BENGALURU/NEW DELHI (Reuters) -The insolvency of Indian education technology company Byju's threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of ...
Once the face of India’s digital education boom, Byju’s rose from a modest learning app to a global edtech powerhouse valued at $22 billion at its peak. Its branding dominated cricket jerseys, ...
Bottom line: Once a celebrated edtech company in India, Byju's serves as a stark reminder of how quickly fortunes can change in the high-stakes world of tech startups. It's a narrative that will ...
When Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.
BYJU'S, an Indian education and learning app, have signed on as the new sponsor of the Indian cricket team, the BCCI ...