Byjus

Meet woman, who cleared worlds toughest exam, married her mentor who once owned Rs 182600 company, now completely bankrupt, her husband is…

by
Meet woman, who cleared worlds toughest exam, married her mentor who once owned Rs 182600 company, now completely bankrupt, her husband is…

Home Education Meet woman, who cleared ‘world’s toughest exam’, married her mentor who once owned Rs 182600 company, now completely bankrupt, her husband is… Divya Gokulnath is a co-founder of Byju’s and the wife of Byju Raveendran. She is highly educated and often referred to as “beauty with brains.” Let’s learn more about her. Meet … Read more

Who Is Byju Raveendran? 44-Year-Old CEO of India’s Byju Is Voted ‘Worst CEO’ By Reddit Community, Here’s Why

by
Who Is Byju Raveendran? 44-Year-Old CEO of India’s Byju Is Voted ‘Worst CEO’ By Reddit Community, Here’s Why

A Reddit community has named Byju Raveendran, the CEO of Byju’s, the “worst” Indian founder. It cites allegations of a toxic work culture, unethical business practices, and a negative impact on the Indian startup ecosystem. The co-founder and CEO of Byju’s is facing multiple legal and financial challenges, including allegations of illegally transferring $533 million … Read more

Byju’s insolvency proceedings case: Supreme Court to hear plea on September 17

by
Byju’s insolvency proceedings case: Supreme Court to hear plea on September 17

On August 14, the Supreme Court stayed the verdict of NCLAT, setting aside the insolvency proceedings, approving its ₹158.9 crore dues settlement with the Indian cricket board. | Photo Credit: Reuters The Supreme Court on Wednesday (September 11, 2024) said it will hear on September 17 the appeal of U.S.-based creditor Glas Trust Company LLC … Read more

Byju’s auditor BDO resigns after start of bankruptcy proceedings, company says

by
Byju’s insolvency proceedings case: Supreme Court to hear plea on September 17

Byju’s logo is seen in this illustration taken on June 22, 2023. File Photo | Photo Credit: REUTERS Education technology company Byju’s auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju’s said on Saturday. Byju’s is fighting several battles including the insolvency proceedings and … Read more

Byju’s moves Karnataka HC against NCLT order restraining it from 2nd rights issue

by
Byju’s moves Karnataka HC against NCLT order restraining it from 2nd rights issue

New Delhi: Edtech company Byju’s, mired in several controversies amid a cash crunch, has moved the Karnataka High Court against the order of the National Company Law Tribunal (NCLT), which restrained it from going ahead with its second rights issue. The second rights issue commenced on May 13 and was expected to end on June … Read more

Started new batches at 240 tuition centres, says embattled edtech firm Byju’s

by
Started new batches at 240 tuition centres, says embattled edtech firm Byju’s

New Delhi: Embattled edtech company Byju’s said on Tuesday that it has started batches for the 2024-25 academic session at 240 out of its 296 tuition centres, as it struggles to pay salaries to its employees. Byju’s tuition centres provide classroom-based programmes for K-12 students. For the current academic year, the company said it has … Read more

Byju’s EGM on rights issue ends sans objections, dissenting investors skip meet

by
Started new batches at 240 tuition centres, says embattled edtech firm Byju’s

New Delhi: Embattled edtech company Byju’s on Friday held its extraordinary general meeting (EGM) called by the board of directors to raise the capital via the rights issue without any hassles. The EGM, called to increase Byju’s authorised share capital, met with no objection and none of the key investors who went to the National … Read more

Byju’s manages to pay some portion of salaries for 20,000 employees

by
Byju’s manages to pay some portion of salaries for 20,000 employees

New Delhi: Embattled edtech company Byju’s on Sunday announced that it has disbursed a portion of the pending salaries for over 20,000 employees for the month of February. The company has also promised to pay the remaining balance, once it is allowed to use the funds from the recently closed rights issue. “We processed part … Read more

Byju’s Shareholders Vote to Remove CEO, Family; Company Calls Vote Invalid

by
Byju’s Shareholders Vote to Remove CEO, Family; Company Calls Vote Invalid

Published By: Mohammad Haris Last Updated: February 23, 2024, 19:08 IST More than 60 per cent of shareholders of edutech Byju’s on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged mismanagement and failures at the company. Prosus, one of the six investors in Byju’s who had called the extraordinary … Read more