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Four Byju's investors file 'oppression and mismanagement' suit against company at NCLT

The petition has been signed by four investors Prosus, GA, Sofina, and Peak XV along with support from other shareholders, including Tiger and Owl Ventures. ....

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byjus egm: Byju's EGM: Investors vote to remove founder from board, edtech says resolutions 'invalid'

Investors led by Prosus filed a petition at NCLT alleging oppression and mismanagement by the present management of Byjus. They seek to remove Raveendran as CEO, overhaul the board, conduct a forensic audit, and declare the rights issue invalid. ....

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ED seeks look out notice against Byju Raveendran

The Directorate of Enforcement has asked the Bureau of Immigration to issue a look out circular against Raveendran, sources told ET. The central agency approached BOI earlier this month to issue a fresh LOC to ensure that he does not leave the country. ....

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byjus court: Byju's drags investors to court, HC grants relief ahead of EGM

Byju s parent Think & Learn has taken investors, who sought to oust founder Byju Raveendran and his family from board, to court. Sources said that the Karnataka high court has passed an interim order that any resolution on Friday EGM to be invalid till Think & Learn petition against the investor is heard. ....

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Troubled edtech firm Byju's vacates 4 lakh sq ft office space in Bengaluru: Report

Education technology firm Byju's, struggling financially, has vacated a 400,000 sq ft office space in Bengaluru in an attempt to cut costs. ....

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