One of them is WhiteHat Jr, a 2018-founded startup, which, after just about 18 months of operations, got acquired by Indian edtech decacorn BYJU’S for $300 Mn, the biggest acquisition deal in ...
Call it the case of the vanishing half a billion dollars. During the pandemic-era startup funding boom, the education technology company Byju's raised money from some of the biggest names in ...
However, it decided against doing so after counsels representing the former directors—Byju Raveendran and Riju Raveendran—objected, arguing that they needed to be heard before the tribunal ...
New York: A Bankruptcy Court in the US on Friday issued a summary judgement against Riju Ravindran, Think & Learn (the parent company of Byju’s), and the hedge fund Camshaft Capital, finding ...
Riju Raveendran, a suspended director of embattled edtech firm Byju’s, has approached the bankruptcy appeals court to prevent its creditors from deciding on a ₹158 crore settlement with India ...
As of now, 1,887 creditors have submitted claims totaling over $1.5 billion, with most of these claims still under review. Byju's, which operates in more than 21 countries and gained popularity by ...
Edtech major BYJU 's is planning to wind up the coding platform WhiteHat Jr, which it acquired for $300 million, as part of restructuring and cut costs. WhiteHat Jr, which at its peak had more ...
Byju Raveendran, CEO of Byju's, acknowledged recent challenges and assured stakeholders of his commitment to the company's recovery despite its significant financial issues. He promised to address ...
(Image: Reuters) The National Company Law Appellate Tribunal (NCLAT) Chennai on Wednesday refused to grant interim relief to Riju Raveendran, a director at troubled edtech giant Byju’s ...
Byju's was once one of India's most-hyped startups.SOPA Images / Contributor, LightRocket collection / Getty Images Byju's was once India's hottest startup, with a lineup of top global debt and ...