The Financial Express

Byjus’ Riju Raveendran moves NCLT to remove GLAS as the financial creditor

Riju Ravindran moved the National Company Law Tribunal on Thursday seeking removal of GLAS Trust as a financial creditor amid insolvency proceedings. The Byju’s co-founder contended that the US-based ...
The Hindu

Byjus proposes sale of overseas units to repay $1.2 billion loan

Ed-tech titan Byju’s is looking to sell its overseas ventures Epic and Great Learning to pay back its entire $1.2 billion (₹9,956 crore) loan to lenders, a source familiar with the matter said. The ed ...
NDTV

Byju's Founder Sentenced: Inside The Crisis That Broke India's Edtech Giant

Byjus was valued at $22 billion in 2022 but now faces a major corporate collapse Founder Byju Raveendran sentenced to six months jail in Singapore for court contempt Byjus borrowed $1.2 billion in ...
The Hindu

NCLT directs disciplinary proceedings against Byjus' resolution professional

The National Company Law Tribunal on Wednesday (January 29, 2025) ordered a disciplinary proceeding against Byjus' resolution professional and nixed his direction to exclude Glas Trust and Aditya ...
The Financial Express

As ED searches Byju Raveendran’s house, office; Here’s a look at his Rs 25,000 net worth, lifestyle family, & more

The Enforcement Directorate conducted searches at the Bengaluru-located residence and offices of Edtech major Byju’s CEO Raveendran Byju in connection with the Foreign Exchange Management Act (FEMA) ...