Thu, Jul 18, 2024
Byju's did not comment on the issue.According to sources, Byju's on Thursday moved the appellate tribunal, NCLAT, contesting the recent order of NCLT's Bengaluru bench that had admitted the cricket board's plea to start insolvency proceedings against the parent company Think and Learn, after the edtech firm failed to pay Rs 158.9 crore dues.
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Wed, Jul 17, 2024
Once India's most valuable startup, Byju's has seen its fortunes plummet, now facing bankruptcy. The company, which was valued at $22 billion, is now embroiled in insolvency proceedings.
Tue, Mar 12, 2024
Edtech giant Byju's has directed its employees to work remotely as it closes office spaces nationwide, except for its Bengaluru headquarters and 300 offline tuition centres. CEO Arjun Mohan's restructuring plan aims to conserve cash amid a deadlock with investors over a $250-$300 million rights issue.
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