BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns ...
BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian startup to about $1 billion from $22 billion in early 2022, according to disclosures made ...
Byju Raveendran, the embattled founder of Indian ed-tech giant Byju’s, has blasted a U.S. bankruptcy court’s order directing him to pay more than $1.07 billion. He is denying wrongdoing, accusing ...
Hours after the publishing of this story, a BYJU’S spokesperson told Inc42 that the edtech firm cleared the payments of the employees in the first half of the day. Embattled edtech startup BYJU’S has ...
The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against ...
Byju’s secured time to repay $19 million owed to India’s cricket governing board, a move that allows the online tutoring startup to avoid insolvency for now. A companies’ appeals court in the southern ...
In related orders in an action to recover over $500 million in alleged fraudulent transfers arising out of the bankruptcy of an education technology company, the U.S. Bankruptcy Court for the District ...
BENGALURU, Aug 7 (Reuters Breakingviews) - Byju’s says it provides learning programs to over 150 million students. The biggest lesson may be for the Indian education giant’s global investors including ...
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Byju’s vs EY: Whistleblower claims, allegations of collusion, and a billion-dollar insolvency battle—Explained
The insolvency battle surrounding Byju’s has taken a new turn with allegations against global consulting firm EY. Byju Raveendran, founder of the edtech company, has accused EY of colluding with ...
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