A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan
A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan
A US bankruptcy judge ordered Indian edtech startup Byju's founder Byju Raveendran on Nov. 20 to pay $1B+ to US lenders, over missing funds from Byju's US unit
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.
A profile of Byju's CEO Byju Raveendran, who refuses to take responsibility for the edtech company's implosion and is accused of hiding $533M from US lenders
From Dubai, the enigmatic founder of Byju's recounts how he made his empire — and vows to rebuild it. X: @restofworld , @jeelanireports , @yudhijit , @rinachandran , @restofworld , @violazhouyi , and ...
Byju's founder Byju Raveendran says his edtech startup, valued at $22B in 2022, is effectively “worth zero”, and that he made mistakes and mistimed the market
Byju Raveendran, the founder of the embattled edtech group Byju's, acknowledged on Thursday afternoon that he made mistakes …
An Indian court allows insolvency proceedings to begin against edtech startup Byju's, and installs an interim resolution professional to replace Byju Raveendran
Bloomberg :
A group of Byju's investors, including Prosus and Peak XV, vote to remove CEO Byju Raveendran; Byju's questions the legitimacy of the investors' actions
Manish Singh / TechCrunch :
Byju's says investors do not have voting rights to remove Byju Raveendran, after calls for the removal of the CEO and his family from top roles at the group
Manish Singh / TechCrunch :
Sources: Byju's founder Byju Raveendran pledged his and his family's homes as collateral to borrow ~$12M to raise ~$400M in debt to pay staff amid a cash crunch
- Founder has raised $400 million in debt to keep firm afloat — Company is also seeking to raise funds through asset sales Mastodon: @carnage4life@mas.to . LinkedIn: Anto Antony Mastodon: Dare Obasan...
A profile of Indian edtech giant Byju's CEO Byju Raveendran, who has been in crisis mode for months but hopes to raise a $1B equity investment as soon as August
Anto Antony / Bloomberg :