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NCLT admits BCCI's plea seeking insolvency proceedings against Byju's
BCCI filed an appeal with the tribunal after Byju’s allegedly defaulted on a payment of ₹158 crore under their sponsorship contract for the Indian cricket team.
BCCI filed an appeal with the tribunal after Byju’s allegedly defaulted on a payment of ₹158 crore under their sponsorship contract for the Indian cricket team.
Some popular Indian brands in which Prosus has invested include BYJU'S, DeHaat, Good Glamm Group, Meesho, PayU India, Pharmeasy, and Swiggy.
The bankruptcy plea filed for allegedly siphoning off funds from three units linked to Alpha, BYJU's U.S. subsidiary
Think & Learn says the two have "mutually" decided not to renew the contractual agreement. They had joined BYJU’s Advisory Council in July 2023
The start-up ecosystem must prioritise corporate governance and financial management to maintain investor trust and sustain growth.
Notwithstanding approval from shareholders, the tribunal court’s earlier order had asked BYJU’s not to use funds; next hearing on April 23
BYJU'S also initiates consolidation of its businesses into three focused divisions - The Learning App, online classes & tuition centres, and test-prep
Despite its efforts, BYJU's has not yet received approval to access the funds from the rights issue, attributing the delay to actions taken by four of its investors
Crisis-hit BYJU’s ropes in Mehrotra to deliver its “aggressive growth plan”
Once the poster boy of the Indian startup scene, Raveendran has been caught up in controversies over foreign funding, fund crunch, layoffs and legal tangles with investors