Fresh Filing Alleges $533 Million Was Routed Back To Byju Raveendran; Founders Deny Charges
The allegations emerged as Byju’s Alpha sought court approval for a settlement with OCI Limited, the UK-based procurement firm that had received most of the disputed funds.
Nov 18, 2025, 08:51 AM IST
Byju’s Insolvency Case: Supreme Court Sets Aside NCLAT Nod To Edtech Firm's Settlement With BCCI
Byju’s Insolvency Case: The NCLAT order came with a rider that in case of failure of timely payment of the dues on the specific dates submitted in the undertaking, the insolvency proceedings would be revived automatically.
Oct 23, 2024, 13:56 PM IST
Byju's Insolvency Proceedings Case: Supreme Court Schedules Plea Hearing For September 17
The August 2 verdict of the NCLAT had come as a huge relief for Byju's as it had effectively put its founder Byju Raveendran back in control.
Sep 11, 2024, 18:14 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
MCA Denies Clean Chit To Byju's In Financial Fraud Case, Confirms Ongoing Probe
The Ministry added that proceedings under the Companies Act, 2013, initiated by the MCA are still ongoing and no conclusions should be drawn at this stage.
Jun 26, 2024, 21:06 PM IST![Byju's, Once Valued At $22 Billion, Is Now Worth "Zero”](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2024/06/08/1413297-untitled-design-2024-06-08t170954.022.jpg?itok=vdc3NAqI "Byju's, Once Valued At $22 Billion, Is Now Worth "Zero”")
Byju's, Once Valued At $22 Billion, Is Now Worth "Zero”
The embattled edtech firm is struggling to pay employee salaries amid mounting legal battles.
Jun 08, 2024, 17:10 PM IST
Byju's Pays Partial March Salary Dues Ahead Of NCLT Hearing: Report
The global ed-tech company will have to face a hearing at the National Company Law Tribunal (NCLT) on Tuesday.
Apr 22, 2024, 16:26 PM IST
Byju's CEO Arjun Mohan Quits, Edtech To Consolidate Biz In 3 Units
Byju has now decided to consolidate its business into three “focused” divisions -- The Learning App, Online Classes and Tuition Centres, and Test-prep.
Apr 15, 2024, 13:13 PM IST
Byju's Starts Paying March Salary To Employees; Blames Miffed Investors' Action For Delay
The company raised USD 200 million through rights issue to meet its operational requirements, including expenses related to employees' salaries.
Apr 09, 2024, 18:29 PM IST
Byju’s-Owned Aakash Institute Appoints Deepak Mehrotra As New MD & CEO
Aakash Institute, Mehrotra held the position of Managing Director at Ashirvad Pipes before joining Aakash Institute.
Apr 08, 2024, 19:35 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 Says 262 Tuition Centres Operational, A Few To Undergo 'Strategic Restructuring'
The company is giving up office spaces as the leases expired, keeping only its Bengaluru-based headquarters.
Mar 22, 2024, 16:19 PM IST
US Court Orders Byju's To Freeze $533 Million Owed To Lenders
The court also found that Raveendran and Gokulnath "are working in concert with the defendants and ordered them to comply with its ruling".
Mar 15, 2024, 13:45 PM IST
Investors To Go Ahead With Friday Meet To Oust Byju’s CEO Amid Court Order
The edtech major had filed the petition under Section 9 of The Arbitration and Conciliation Act, 1996.
Feb 22, 2024, 16:49 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's Misses Deadline To File FY22 Financials, Will Now Be Released In October
In a statement, the company said it will convene a board meeting in the second week of October "for approval and adoption of accounts for FY22".
Oct 01, 2023, 09:50 AM IST
Byju's To Cut 4,000-5,000 Jobs In Business Restructuring Exercise
“Byju's new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead,” the spokesperson added.
Sep 27, 2023, 08:42 AM IST![“Things Are Not As Bad As You...," Byju's CEO Assures Employees Of Strong Comeback Amid Crisis](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2023/06/29/1230720-untitled-design-2023-06-29t180950.359.jpg?itok=YzXxYMOc "“Things Are Not As Bad As You...," Byju's CEO Assures Employees Of Strong Comeback Amid Crisis")
“Things Are Not As Bad As You...," Byju's CEO Assures Employees Of Strong Comeback Amid Crisis
According to a remark from Byju Raveendran in the Economic Times, "things are not as bad as you think - as you read in the media, for sure." He added that the startup is now more effective than it was six months ago.
Jun 29, 2023, 18:10 PM IST
India's Byju's Seeks To Raise $1 Billion To Stave Off Investor Revolt - Bloomberg News
Byju seeks to close a round within two weeks, according to the report.
Jun 27, 2023, 15:41 PM IST