Browsing Tag
Byju
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Byju’s Announces Delay in FY22 Results Release to Second Week of October
Indian edtech giant Byju’s has postponed the release of its FY22 results, originally scheduled for the end of…
Byju’s Accused of Concealing $533 Million in Hedge Fund Linked to Miami IHOP
In a startling revelation, Byju’s, one of India’s prominent tech companies, is facing allegations of hiding $533 million…
Byju’s Founder Emotionally Defends Ed-Tech Startup Amidst Crisis
Mumbai, July 26, 2023, 11:06 AM IST: Byju Raveendran, the founder and CEO of Byju’s, the world’s most…
According to Byju’s employees, morale is declining amidst the turmoil at the Indian edtech company.
Fresh troubles have intensified concerns among employees at Indian edtech startup Byju's, as they grapple with uncertainty surrounding their future following multiple rounds of job cuts.
Byju’s Lenders Open to Negotiations, Seek Draft Loan Amendment Proposal
In a significant development, the lenders of Byju's, India's leading edtech company, have expressed their willingness to engage in negotiations and have requested a draft loan amendment proposal for the disputed term loan B (TLB).
BYJU’S Aakash is set to make its public debut next year.
Edtech giant BYJU'S revealed on Monday its intention to initiate the Initial Public Offering (IPO) of its test preparatory subsidiary, Aakash Education Services Limited (AESL), by the middle of next year.
Byju’s faces deadline for $40 million payment
Byju’s, India’s most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm’s financial troubles, according to people familiar with the matter.
The ED plans to reach out to lenders to obtain details on Byju’s loans and transactions
The Enforcement Directorate (ED) is set to approach the lenders of Byju's to gather information about the edtech company's loans and transactions.
Byju’s has appointed its first inaugural Chief Financial Officer.
Byju's has appointed Ajay Goel as their first CFO, bringing an impressive range of experience in finance and accounting to the role. With his expertise, Byju's looks poised for continued success – from further expansion into international markets to delivering superior experiences for students worldwide. Congratulations to Mr. Goel on his appointment!