Byjus

Byju’s Leadership Faces Legal Challenge Amid Claims of Missing Funds

1 month ago

In a dramatic twist for the Indian ed-tech giant Byju’s, a group of US lenders has filed a lawsuit targeting the company’s founder, Byju Raveendran, his wife, and a key aide, amid serious allegations of misappropriated funds. The legal action underscores the ongoing turmoil within Byju's, which has struggled with financial instability and governance issues over the past year.

Byju’s Executive Partner Found in Contempt of Court: Implications for the EdTech Giant

4 months ago

In a significant development for Byju's, the Indian edtech company, its executive business partner has been declared in contempt of a U.S. court ruling. This ruling stems from a lawsuit filed by the New York-based investment firm, Tiger Global Management, which has raised serious questions regarding the governance and operational integrity of the company.

Byju's Legal Troubles Deepen as Content Manager Faces Court Sanctions in U.S.

6 months ago

In a significant development for Byju's, the Indian ed-tech giant is grappling with legal issues in the United States. The company’s content manager and a business partner have come under scrutiny as a federal court considers imposing sanctions against them for failing to comply with court orders. This situation raises questions about the company's commitment to legal clarity and its future operations in U.S. markets.

Supreme Court's Denial of Byju's Settlement Opens the Door to Insolvency Proceedings

7 months ago

In a significant legal development, the Supreme Court has turned down a settlement proposal put forth by Byju's, India's largest ed-tech company, amplifying concerns surrounding its financial stability and potential insolvency. This ruling marks a pivotal moment for Byju's, which has been grappling with severe financial strains and decreasing investor confidence over the recent months.