Byju's founder Byju Raveendran is preparing to file a $2.5 billion damages claim in a US court, presenting new evidence to counter allegations of diverting $533 million in 'alpha funds'. He contests a ...
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, ...
Creditors secured US court order after years of discovery delays and missing funds Raveendran has announced his intention to appeal, arguing that the court deprived him of a fair opportunity to defend ...
A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's ...
A US bankruptcy court has ordered Byju’s founder Byju Raveendran to pay more than $1.07 billion, after entering a default judgment that holds him personally liable for the movement and concealment of ...
Byju Raveendran, the embattled founder of Indian ed-tech giant Byju’s, has blasted a U.S. bankruptcy court’s order directing him to pay more than $1.07 billion. He is denying wrongdoing, accusing ...
Most of the $533 million missing from Byju's Alpha was “round-tripped” to founder Byju Raveendran and his affiliates, according to a recent filing in a Delaware bankruptcy court, contradicting earlier ...
Two of India’s biggest education companies are now circling Byju’s bankrupt parent, Think & Learn Pvt. Ltd (TLPL), setting up a closely-watched insolvency battle at the National Company Law Tribunal ...
In a new development in the long-running dispute over the missing $533 million from BYJU’S Alpha, a fresh filing by GLAS Trust in the Delaware Bankruptcy Court laid out how the funds were allegedly ...
Ranjan Pai-led Manipal Education & Medical Group Pvt. Ltd. has submitted a second bid to acquire Byju's parent Think & Learn Pvt. Ltd. under insolvency, in what is seen as a move to wrest control of ...
For the embattled edtech firm BYJU’S, the string of troubles shows no sign of easing. Once celebrated as the poster boy of India’s startup boom, the company is now watching its grip on a prized asset ...
BYJU’S current resolution representative Shailendra Ajmera has filed a lawsuit against Byju Raveendran, Riju Ravindran and Divya Gokulnath The RP has demanded compensation for the fraudulent transfers ...