Page 21 - Byju's

A hard lesson for Byju's Raveendran amid mass firings, delayed results

The former teacher from the southern state of Kerala got carried away. In 2015, just as a smartphone revolution was about to kick off in India, he launched a learning app

Troubles mount for Byju's, auditor Deloitte resigns over financial results

Separately, three board members reportedly resign but the company denies this

Top headlines: Byju's sacks staff, Zee Ent terms Sebi's order unjustified

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India's largest edtech firm Byju's sacks 1,000 more; count jumps to 3,500

The company, according to the sources, will give two months' salary to those laid off

Open to resolving disputes; won't do one-on-one meetings: Lenders to Byju's

Byju's recently filed a suit against US-based investment mgt firm Redwood to challenge the acceleration of the $1.2-bn term loan B facility, and disqualify the lender for its 'predatory tactics'

After riding the pandemic edtech boom, Byju's inverted learning curve

India's first decacorn is mired in losses, court cases, valuation cuts and the attention of enforcement agencies

TMS EP452: Byju's debt crisis, Apple Vision Pro, market, sellers' inflation

How can Byju's get out of its debt crisis? How will Apple Vision Pro change the user experience? How to identify potential winners in the stock market? What is sellers' inflation? Answers here

Top headlines: Show-cause notice to Xiaomi, worried Byju's investors & more

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Edtech giant Byju's 'meritless' suit effort to avoid obligations: Lenders

Byju's filed a suit against US-based investment management firm Redwood to challenge the acceleration of the $1.2-billion term loan B facility, and disqualify the lender for its "predatory tactics"

$1.2-billion loan dispute: Byju's' legal battle worries key investor

"They are extremely concerned," said the person familiar with the matter. "They have dispersed some tranche of the amount and may not disperse further"

Byju's lenders say lawsuit is meritless, designed to dodge obligations

Lenders says will continue to work in good faith with firm to cure its numerous defaults, but reserves rights to enforce credit agreement if Byju's intentionally remains in default

Edtech giant Byju's likely to lay off 1,000 more employees, say reports

Media reports suggest these employees are contractual and are part of the sales team

Byju's' legal battle with lenders likely to impact its fund raising

The legal battle might also delay IPO plans for its tutoring service subsidiary Aakash Educational Services, according to industry experts

Byju's lenders, their advisers weigh options after missed interest payment

The edtech company and its lenders are mired in a fight over the term loan after the firm breached terms of its debt agreement

Top headlines: TCS defies tech-sector inertia, India's final call on IPEF

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Byju's schedules call for lenders to discuss loan amendment proposal

Byju's didn't pay $40 million in interest due Monday on its $1.2 billion loan

Top Headlines: Byju's says lenders faked debt crisis, Tesla in India & more

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Byju's accuses lenders of manufacturing fake debt crisis to extort money

The company chalks up its current debt predicament to aggressive distressed-debt investors who, in its view, were never supposed to be able to buy the loan

Edtech giant Byju's rolls out AI models for hyper-personalised learning

The edtech giant has launched Byju's Wiz, a suite of three AI transformer models - BADRI, MathGPT, and TeacherGPT

Top headlines: Byju's file suit against TLB acceleration, Adani repays loan

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