The development relates to what the debtor (BYJU’S Alpha) and the lenders (the consortium of term-loan lenders now directing ...
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 ...
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An investigation by the Ministry of Corporate Affairs found that weak corporate governance and compliance failures, coupled with the change in funding environment were the primary reasons behind the ...
NEW YORK--(BUSINESS WIRE)--The ad hoc group of term loan lenders (the “Ad Hoc Group”) of BYJU’s $1.2 billion term loans (“Term Loans”), announced today that GLAS Trust Company LLC (as administrative ...
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary ...
A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Raveendran and separately filed an oppression and management suit against the leadership at ...
Forbes contributors publish independent expert analyses and insights. I write about Indian entrepreneurs. Troubled Indian edtech firm Byju’s is in the spotlight again. Amsterdam-listed investment ...
Once hailed as the face of India’s ed-tech boom, Byju Raveendran, founder & CEO of BYJU’S, is now battling to salvage the ...
NEW DELHI, (IANS) – Embattled edtech company Byju’s on March 5 said that no funds have been siphoned off and around $533 million are currently in a 100 percent non-US subsidiary of the company. The US ...