India's Enforcement Directorate, its crime-fighting agency, has issued a show-cause notice to Byju's, accusing it of violating the nation's foreign exchange rules. The ED's allegations say that the ...
Investment giant Prosus has written down the valuation of edtech giant Byju's to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit early last year. Byju's is ...
Firm was once valued at $22 bln in India Fall seen as setback for employees, startup sector Employees weigh legal options, protests Lenders' dispute triggered insolvency case BENGALURU/NEW DELHI, Aug ...
NEW DELHI, April 5 (Reuters) - Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order ...
Byju's, once India's most valuable startup, has seen a sharp reversal in its fortunes after a series of setbacks, including alleged accounting irregularities and purported mismanagement. Stream NBC 5 ...
Bottom line: Once a celebrated edtech company in India, Byju's serves as a stark reminder of how quickly fortunes can change in the high-stakes world of tech startups. It's a narrative that will ...
March 2 (Reuters) - Indian edtech startup Byju's is unable to pay staff because it can't access recently raised funds due to a legal dispute with some of its investors, founder and CEO Byju Raveendran ...
Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit early last year. Byju’s is ...
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