BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian startup to about $1 billion from $22 billion in early 2022, according to disclosures made ...
Byju’s says its recently launched $200 million rights issue has been fully subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group ...
NEW DELHI, July 19 (Reuters) - Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a ...
Sept 7 (Reuters) - Indian education technology company Byju's' auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju ...
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American subsidiaries of BYJU’S sold off at drastically low prices amid bankruptcy hearing
The troubled EdTech start-up BYJU’S had two American firms it owned that were sold off by lenders suing the company over the repayment of a term loan worth USD 1.2 billion. These firms, Tynker and ...
A U.S. unit of what was once among the hottest Indian education-tech startups filed for bankruptcy following a $1.2 billion loan default that the company disputed. Byju’s Alpha’s, a U.S. shell entity ...
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Supreme Court Rejects BCCI And BYJU'S Promoters' Appeals Against NCLAT Order On Insolvency Withdrawal
New Delhi: The Supreme Court on Monday dismissed pleas filed by the Board of Control for Cricket in India (BCCI) and Byju's co-founder Riju Raveendran challenging a NCLAT Chennai order which denied ...
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