Supreme Court orders status quo in Byju’s insolvency | Latest News ...
WEB4 days ago — The insolvency process against Byju’s was initiated in June 2024 by the National Company Law Appellate Tribunal (NCLAT) following a plea by BCCI alleging default | Latest News India
Supreme Court halts creditors meeting in Byju’s insolvency case
WEB4 days ago — On 23 September, the Delaware Supreme Court upheld a decision declaring Byju’s to be in default on its $1.2 billion (about ₹ 11,000 crore) Term Loan B. Glas Trust represents a consortium of ...
Byju’s Loses Its Appeal of $1.2 Billion Loan Default Ruling
WEBSep 23, 2024 — The Delaware Supreme Court has upheld a ruling in favor of lenders to Byju’s, once one of India’s hottest tech startups and now mired in bankruptcy. A trial court determined the lenders properly cited a default on a $1.2 billion loan when taking control of a unit of the education-technology provider. The Chancery Court thoroughly explored ...
Byju's: India's once most valuable start-up is fighting to survive - BBC
WEBMar 11, 2024 — A lead sponsor of the Indian cricket team till 2023, Byju's is in arbitration with the Board of Control for Cricket in India (BCCI) after being sued for allegedly failing to fulfil its...
Once India's biggest startup, Byju's faces insolvency proceedings
WEBJul 17, 2024 — Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the country's cricket board, a tribunal...
India’s top court clears way for Byju’s insolvency proceedings
WEBAug 14, 2024 — India’s top court has put on hold a tribunal ruling that halted Byju’s insolvency proceedings — a win for U.S. creditors that are seeking to recover $1 billion from the once-celebrated ...
Fate of Byju’s founder rests with Indian court as investors try to …
WEBMar 28, 2024 — The Karnataka High Court is hearing a case that will help determine whether Byju Raveendran, a former celebrity tutor, will stay in control of the eponymous online education group he founded in...
India ed-tech firm Byju's founder faces reckoning as startup …
WEBJul 22, 2024 — Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test.
Explainer: How India's Byju's went from startup star to facing ...
WEBJun 23, 2023 — BENGALURU/MUMBAI, Aug. 14 (Reuters) - India's top court revived insolvency proceedings against edtech company Byju's on Wednesday following a lawsuit from U.S. lenders. The latest court order...
Indian edtech giant Byju’s valued at $18 billion in new funding
WEBOct 4, 2021 — At $16.5 billion valuation, Byju’s had already surpassed fintech giant Paytm for the tentpole position in India’s startup ecosystem. Oxshott Capital Partners led the new tranche of investment...