US Court Orders Byju's to Pay $1.2 Billion
Delaware court rules against Byju's, ordering payment of over $1.2 billion to lenders. Major setback for Indian edtech giant amid ongoing financial struggles.
Category : Search result: Byju Raveendran
Byju's Founder Denies Allegations, Plans US Court Fight
Byju Raveendran denies all allegations in $1.07 billion loan default case. The founder plans to move US court against judgment. Read full details about the legal battle.
US Court Orders Byju to Pay Over $1 Billion
A US court has directed Byju Raveendran to pay more than $1 billion following a petition by BYJU's Alpha and GLAS Trust. Get the latest updates on this developing corporate legal battle.
PhysicsWallah's $5B IPO Revives Edtech Funding
PhysicsWallah's stellar market debut at ₹44,000 crore valuation signals edtech revival, bringing back funding after years of drought. Learn how this impacts online learning startups.
Byju's $533M Missing Funds Round-Tripped to Founder
Delaware court filing alleges Byju Raveendran round-tripped $533 million from Alpha SPV. Contradicts claims of legitimate corporate use. Explore the unfolding financial scandal.
Manipal, upGrad Vie for Byju's in NCLT Insolvency Battle
Manipal Group and upGrad compete for bankrupt Byju's parent TLPL in NCLT proceedings. US lenders hold 99.41% voting power deciding the fate of 1,780 creditors in India's biggest edtech collapse.
Manipal Group Submits New Bid for BYJU'S Acquisition
Manipal Group makes renewed bid to acquire BYJU'S assets amid ongoing crisis. Get exclusive details on this major development in India's edtech sector.
Manipal Submits EOI for Byju's Parent Think & Learn
Dr Ranjan Pai-led Manipal Education and Medical Group India has formally expressed interest in acquiring troubled edtech company Byju's parent Think & Learn. Discover the implications.
upGrad to Acquire Unacademy in $300-400M Edtech Deal
Exclusive: upGrad is negotiating a massive acquisition of rival Unacademy, potentially reshaping India's online education landscape in one of 2024's biggest edtech deals.
Aakash CFO Vipan Joshi Exits Amid Leadership Churn
Aakash Educational Services witnesses another senior-level departure as CFO Vipan Joshi exits. The company faces leadership churn, Blackstone dispute, and rights issue challenges under Manipal Group.
NCLAT Stays Insolvency Against BYJU'S Aakash Institute
In a significant legal victory, NCLAT stays insolvency proceedings against BYJU'S-owned Aakash Institute, providing breathing space for the embattled edtech company amidst ongoing financial challenges.
Byju's NCLAT Battle: Aakash Stake & Rights Issue Crisis
Edtech giant Byju's faces legal hurdles as NCLAT orders maintenance of shareholding in Aakash Institute. Discover the latest developments in the rights issue controversy and Articles of Association changes.
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