Aakash Rights Issue Takes A Sharp Turn As Mysterious UAE Woman Replaces Byju Raveendran
In an unexpected turn of events, a mysterious UAE woman steps into Byju Raveendran’s place in Aakash’s rights issue, sparking fresh speculation in the edtech turmoil.
Dec 11, 2025, 16:05 PM IST
NCLAT Dismisses Byju's Settlement Plea, Upholds Insolvency
They had challenged the order passed by the Bengaluru bench of the National Company Law Tribunal (NCLT), which had on February 10, 2025 directed to place their settlement offer before the new Committee of Creditors (CoC), in which US-based Glas Trust, the trustee for lenders to which Byju's owes $1.2 billion, is a member.
Apr 18, 2025, 16:19 PM IST
Byju’s Employees Haven’t Received July Salaries Yet, CEO Explains Why
In an email to employees, Byju Raveendran expressed that each legal hurdle has prolonged the company’s journey toward recovery.
Aug 21, 2024, 14:48 PM IST
NCLAT Gives Nod To Byju's Settlement With BCCI, Sets Aside Insolvency Plea
The appellate court maintained that the lenders failed to provide any evidence to substantiate their claims.
Aug 02, 2024, 20:22 PM IST
Byju’s Cuts Course Prices, CEO Raveendran Tells Staff Not To Sell Courses But Counsel Parents
In a meeting with over 1,500 sales associates and managers, Raveendran apparently told them to adopt a pull-based sales model rather than “push-based”.
May 09, 2024, 13:38 PM IST
Embattled Byju’s Links Sales Employees’ Salaries To Weekly Revenue Generation
The new company policy is currently applicable to sales teams, including the Inside Sales (IS) and Byju’s Exam Prep (BEP) teams, according to an internal company document.
May 02, 2024, 12:32 PM IST
Byjus Crisis: Know What Led To The Downfall Of Company Which Was Once Valued At $22 Billion
Byju's offices and tuition centers are shutting down nationwide, leaving staff without pay.
Apr 05, 2024, 17:03 PM IST
Byju's Delays March Salaries; Blames Few Foreign Investors
As you know, the founders have put everything back into the company, and regardless of the court verdict, we are following a parallel line of credit to ensure that you receive your salary by 8th of April," the management said.
Apr 02, 2024, 15:10 PM IST
Byju’s EGM On Rights Issue Ends Sans Objections, Dissenting Investors Skip Meet
The meeting saw about 20 investor representatives in attendance, along with Think & Learn management, the parent company of Byju’s.
Mar 29, 2024, 14:48 PM IST
Key Investors Move NCLT Against Byju’s Rights Issue, Firm Says Yet To Get Any Petition
The edtech company said earlier this week that the rights issue by its parent company Think & Learn Pvt. Ltd to raise $200 million at a 99 per cent valuation cut was fully subscribed.
Feb 23, 2024, 14:19 PM IST
DNA Exclusive: Analysis Of Factors Behind BYJU's Downfall
Tonight's edition of DNA dives into the factors contributing to BYJU's downfall, it underscores the need for accountability and transparency in corporate governance.
Feb 23, 2024, 00:03 AM IST
DNA: ED issues look out notice against Byju's founder Raveendran
ED has asked Bureau of Immigration i.e. BOI to issue a look out notice against Byju Raveendran, founder and CEO of Edtech firm Byju's.
Feb 22, 2024, 23:18 PM IST
ED Issues Look Out Notice Against Byju Raveendran: Sources
Reportedly, this development comes ahead of a high-stakes Extraordinary General Meeting (EGM) scheduled for this Friday, where it was reported that certain investors were seeking to oust Raveendran from his position.
Feb 22, 2024, 12:21 PM IST
Byju's Saga: January Salary Delayed, US Unit Files For Bankruptcy
The company had earlier listed February 1 for the January salary pay-out for its employees, which has now been delayed and there is no communication, according to sources.
Feb 02, 2024, 14:16 PM IST
Byju's Seeks To Raise $100 Million With 90% Valuation Cut: Report
The company's core loss expanded by over 61% in fiscal year 2022.
Jan 23, 2024, 21:01 PM IST
Byju Raveendran Pledges Family Homes To Raise Funds For Salaries Of 15,000 Employees: Report
A Bloomberg report has said that Byju Raveendran has taken the personal loan of about Rs 100 crore against his home to pay the salary.
Dec 05, 2023, 09:36 AM IST
Indian EdTech Byju's To Slash 5,000 Jobs Amid Business Restructuring: Report
The job cuts are being implemented only at Byju's parent, Think & Learn (THIK.NS), and are not linked to any of its subsidiaries, the report said, adding that a significant number of roles to be made redundant would constitute senior positions at the firm.
Sep 27, 2023, 12:59 PM IST
Where Do I Go? How Will I Eat? Byju's Employee's Heart-wrenching Plea on Unpaid Dues and Forced Resignation --Watch Video
Akansha said she was devastated when she was abruptly informed that she must resign by July 28 or face the consequences of not receiving her salary on August 1.
Jul 28, 2023, 10:46 AM IST
Byju's Staff Say Morale Waning Amid Turmoil At Indian Edtech Firm
Byju's has already let go of several thousand employees this year due to slowing demand and it is locked in a legal battle with its lenders and faces regulatory scrutiny.
Jun 25, 2023, 11:23 AM IST
Explainer: Top Indian Startup Byju's Battles Auditor Criticism, Board Exits
Deloitte said in a letter to Byju's board it was resigning because the company had delayed financial statements for the year ending March 31, 2022.
Jun 23, 2023, 16:57 PM IST