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Byju's
Byju's founder faces reckoning as startup implodes
Potential insolvency is a dramatic turn of events for an entrepreneur described by one person who has worked with him as an extremely passionate and goal-oriented person who might adopt 'an abrasive approach' in a crisis.
22 July 2024, 04:09 IST
Byju's founder faces reckoning as startup implodes
22 July 2024, 04:09 IST
BYJU'S processes employees' May salaries from business collections
Last year, the founders of the edtech firm had to pledge their house to raise debt for paying employees' salaries.
03 June 2024, 09:13 IST
BYJU'S processes employees' May salaries from business collections
03 June 2024, 09:13 IST
Rajnish Kumar, Mohandas Pai to discontinue as Byju's advisors
'Rajnish Kumar and Mohandas Pai have provided invaluable support in the past year. The ongoing litigations by a few foreign investors have delayed our plans but their advice will be relied upon in the ongoing rebuild which I am personally leading,' Raveendran said.
19 May 2024, 18:54 IST
Rajnish Kumar, Mohandas Pai to discontinue as Byju's advisors
19 May 2024, 18:54 IST
Byju's saga: Vendors' claims before NCLT touch Rs 190 crore
The mounting claims for the beleaguered company come at a time when it has not been able to access $200 million funds raised through rights issues due to disputes with investors.
03 May 2024, 16:16 IST
Byju's saga: Vendors' claims before NCLT touch Rs 190 crore
03 May 2024, 16:16 IST
Majority of shareholders approve Byju's EGM proposal to increase authorised share capital
The approval of the EGM proposals paves the way for Think and Learn Private Limited, the parent company of Byju's, to issue fresh shares and conclude the rights issue aimed at tackling the liquidity crunch, including unpaid salaries, regulatory dues and vendor payments.
15 April 2024, 10:17 IST
Majority of shareholders approve Byju's EGM proposal to increase authorised share capital
15 April 2024, 10:17 IST
BYJU'S streamlines business with founder Raveendran in a "hands-on" role
BYJU'S, once one of India's hottest startups, has suffered numerous setbacks in the past few years, leading to a crisis of investor confidence,
15 April 2024, 09:33 IST
BYJU'S streamlines business with founder Raveendran in a "hands-on" role
15 April 2024, 09:33 IST
Ahead of US hearing, BYJU'S says it is beneficial owner of $553 million fund parked in US
On Saturday, Byju's stated that it had no money to pay salaries to employees after just-raised funds through the rights issue were locked (in a separate account) after a dispute with investors.
03 March 2024, 16:50 IST
Ahead of US hearing, BYJU'S says it is beneficial owner of $553 million fund parked in US
03 March 2024, 16:50 IST
Raveendran reveals why BYJU'S unable to pay salaries
In a letter to staff, company's founder Raveendran said the rights issue, launched a month ago, has been successfully closed.
02 March 2024, 11:30 IST
Raveendran reveals why BYJU'S unable to pay salaries
02 March 2024, 11:30 IST
Government expedites inspection of crisis-hit BYJU'S
The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office.
26 February 2024, 08:56 IST
Government expedites inspection of crisis-hit BYJU'S
26 February 2024, 08:56 IST
'Byju's founder Raveendran unfit to run firm': Investors file suit in NCLT seeking his ouster
23 February 2024, 11:29 IST
'Byju's founder Raveendran unfit to run firm': Investors file suit in NCLT seeking his ouster
23 February 2024, 11:29 IST
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