Byju’s, which was once valued at $22 billion and raised billions of dollars from global investors, has faced a setback as its auditor Deloitte and three board members severed ties with the company.
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, ...
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 ...
An India government investigation found lapses in the corporate governance of Byju’s, but cleared the struggling online-education startup of financial fraud. The yearlong probe by the Ministry of ...
A software company controlled by Indian entrepreneur Byju Raveendran drained cash from US affiliates in violation of US bankruptcy rules, according to a lawsuit filed Tuesday in federal court in ...
NEW YORK--(BUSINESS WIRE)--BYJU’s Alpha Inc. (“BYJU’s Alpha” or “Alpha”), a Delaware special purpose financing vehicle established by BYJU’S to receive proceeds of a $1.5 billion Term Loan B (the ...
Edtech giant Byju's was once India's most valuable startup, hitting a valuation of $22 billion in 2022. The Indian company has since seen a sharp reversal in its fortunes, following a series of ...