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Byju’s goes to war: $2.5 billion lawsuit brewing against Glas Trust; here’s what the matter is about
Byju's founders Byju Raveendran and Divya Gokulnath are preparing a $2.5 billion lawsuit in India and overseas as the edtech giant battles insolvency proceedings and a legal dispute with Glas Trust, ...
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Byju’s founders plan $2.5 billion lawsuit against Glas Trust, others for reputational damage
Byju’s founder Byju Raveendran and his wife Divya Gokulnath are planning to sue Glas Trust and other lenders to the edtech firm seeking $2.5 billion in damages for alleged reputational harm, their ...
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered ...
Arjun Mohan’s seven-month stint as BYJU’S India CEO coincided with one of the most tumultuous periods for the edtech giant, with a major battle with investors and multiple legal challenges As the ...
India’s most-valued edtech startup BYJU’S is piloting celebrity-focused masterclasses through a new programme – BYJU’S XCEL – for class 4-10 students. The edtech decacorn, last valued at $23 Bn, ...
Byju Raveendran is CEO of the company once described as India’s most valuable startup, but... maybe not anymore? Byju’s is an app-based educational company that’s snapped up US firms like Osmo (you ...
One of the most valuable Indian startups, Byju's, plans to restructure its $1.2 billion loan while dealing with cost reduction targets. According to Bloomberg, the online education firm Byju's is ...
NEW YORK--(BUSINESS WIRE)--The steering committee (the “SteerCo”) of ad hoc term loan lenders, who collectively own more than 85% of BYJU’S $1.2 billion term loan, today announced that it and BYJU’S ...
There’s been a lot brewing lately at Bangalore edtech giant Byju’s, which is backed by investors such as Tencent and Facebook’s Mark Zuckerberg and was last valued in March at $22 billion. It has been ...
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