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Byju's breached $42 million loan terms, small stake sale blocked: Report

MEMG has initiated an arbitration proceeding against Byju for allegedly not repaying its loan through a pre-agreed transfer of shares of its company, Aakash Education ....

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NCLT asks Byju's to consider extending rights issue closure date | Business News

In a February 27 interim order, the NCLT said the funds received by the company in respect to the rights issue should be kept in a separate escrow account and it should not be withdrawn till the disposal of the matter. ....

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Byju's US unit files for bankruptcy in Delaware

Byju s Alpha unit listed its assets in the range of $500 million to $1 billion, according to a court filing, which showed estimated creditors in the range of 100 to 199. ....

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Byju's investors seek ouster of founders, want to fire CEO Byju Raveendran

Byju s shareholders have moved a resolution seeking the ouster of the founders of the company, including CEO Byju Raveendran. ....

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Byju's crisis: Foreign lenders file insolvency petition against ed-tech firm

A report has said that the international lenders in Byju s have now filed for an insolvency petition against the ed-tech company. ....

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