Byju Crisis
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Byju's Founder, Fighting Free Fall After Rapid Rise, Has A New Problem
In more trouble for edtech giant Byju's, the Enforcement Directorate has barred its founder Byju Raveendran from travelling outside the country.
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What Went Wrong With Byju's, Which Was Once Valued At $22 Billion
Byju's, run by billionaire CEO Byju Raveendran, was the poster child of India's startup ecosystem. But in the last year, the company's valuation has seen a sharp decline with several of the company's investors now calling for leadership change.
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Byju's Asked To Pay Rs 9,000 Crore For Violating Foreign Funding Laws
The Enforcement Directorate (ED) has issued a notice to edtech major Byju's, asking it to pay Rs 9,000 crore for allegedly violating foreign funding laws, sources have said. The company has, however, denied receiving any such communication
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Byju's Reveals Rs 2,250 Crore Loss Amid Deepening Debt Dispute
Indian education startup Byju's first results in years revealed that losses at its parent company narrowed only marginally amid a pandemic-era boom in business, underscoring challenges for the firm embroiled in a dispute with creditors.
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Byju's Founder Broke Down In Tears As Crises Engulfed Ed-Tech Startup
In late April, Indian officials in plainclothes raided the Bengaluru offices of Byju's, seizing laptops and publicly linking the world's most valuable education-technology startup with possible foreign exchange violations.
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Byju's Founder, Fighting Free Fall After Rapid Rise, Has A New Problem
In more trouble for edtech giant Byju's, the Enforcement Directorate has barred its founder Byju Raveendran from travelling outside the country.
-
What Went Wrong With Byju's, Which Was Once Valued At $22 Billion
Byju's, run by billionaire CEO Byju Raveendran, was the poster child of India's startup ecosystem. But in the last year, the company's valuation has seen a sharp decline with several of the company's investors now calling for leadership change.
-
Byju's Asked To Pay Rs 9,000 Crore For Violating Foreign Funding Laws
The Enforcement Directorate (ED) has issued a notice to edtech major Byju's, asking it to pay Rs 9,000 crore for allegedly violating foreign funding laws, sources have said. The company has, however, denied receiving any such communication
-
Byju's Reveals Rs 2,250 Crore Loss Amid Deepening Debt Dispute
Indian education startup Byju's first results in years revealed that losses at its parent company narrowed only marginally amid a pandemic-era boom in business, underscoring challenges for the firm embroiled in a dispute with creditors.
-
Byju's Founder Broke Down In Tears As Crises Engulfed Ed-Tech Startup
In late April, Indian officials in plainclothes raided the Bengaluru offices of Byju's, seizing laptops and publicly linking the world's most valuable education-technology startup with possible foreign exchange violations.
