The US bankruptcy court in Delaware recently issued a default judgment ordering Raveendran to pay more than USD 1 billion.
The development relates to what the debtor (BYJU’S Alpha) and the lenders (the consortium of term-loan lenders now directing ...
In an “extraordinary” judgement, Delaware court awards $533mn on the claim that Raveendran aided and abetted a breach of fiduciary duty, and an additional $540.6mn ...
Ronnie Screwvala’s upGrad and Ranjan Pai’s Manipal Group have both submitted expressions of interest for BYJU’S parent ...
The court has also found that Raveendran's behaviour has been a strategic pattern of willful failure to comply with discovery ...
Byju Raveendran, founder and CEO of embattled Indian ed-tech giant BYJU’S, publicly addressed recent controversies and criticism in an exclusive interview with ANI, saying: “I will never sell anything ...
In related orders in an action to recover over $500 million in alleged fraudulent transfers arising out of the bankruptcy of an education technology company, the U.S. Bankruptcy Court for the District ...
The battle for bankrupt ed-tech giant Byjus has intensified with Ronnie Screwvalas Upgrad joining Ranjan Pais Manipal Group ...
On the eve of PhysicsWallah's biggest show, Byju’s issued a media statement over the fund siphoning allegations.