Byju Raveendran
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Byju's founder Raveendran sentenced to six months in prison in Singapore, here's why
Market | May 27, 2026, 03:01 PM ISTIn a statement issued after the court's decision, Ravindran said that ongoing settlement negotiations with lending institutions and investors like GLAS Trust and QIA are now in their final stages.
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Setback for Byju's as Supreme Court overturns NCLAT order on Rs 158-crore settlement with BCCI
India | Oct 23, 2024, 02:56 PM ISTThe Supreme Court has overturned the NCLAT’s approval of a Rs 158 crore settlement with the BCCI, highlighting procedural lapses in handling bankruptcy petitions.
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Byju's faces insolvency proceedings as it fails to pay Rs 158.9 crore sponsorship fee to BCCI
Business | Jul 16, 2024, 09:02 PM ISTByju's and BCCI entered into a sponsorship agreement in 2019 through which the Edtech company got exclusive rights to display its trademark on the kit of the Indian cricket team, however, it failed to pay the sponsorship after June 2022.
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BYJU's CEO Arjun Mohan resigns, founder Raveendran takes over daily operations
Business | Apr 15, 2024, 12:24 PM ISTFollowing the move, the company has announced a major rejig of the business that will consolidate its business into three focused divisions.
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Forbes Richest Indian List: Mukesh Ambani is number one, Adani at second spot | Check top 10 here
Business | Apr 03, 2024, 02:02 PM ISTThe anticipation surrounding India’s upcoming assembly election, coupled with PM Modi’s potential third term, has ignited a stock market frenzy, resulting in a record-breaking 200 Indians making it onto Forbes’ 2024 list of the World’s Billionaires.
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Explained: From startup star to financial struggle, the rise and fall of Byju's
Explainers | Mar 13, 2024, 10:26 PM ISTByju Raveendran's startup venture, Byju's, initially hailed as a beacon of educational innovation, soared to a valuation of $22 billion by 2022. However, the company's meteoric rise has taken a sharp downturn, with financial distress plaguing its operations.
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ED issues look-out notice against Byju's founder Raveendran over FEMA violations
Business | Feb 22, 2024, 12:05 PM ISTIn an attempt to convince stakeholders, BYJU'S Founder and CEO Byju Raveendran wrote a letter to them, saying, "We have built this company together and I want us all to participate in this renewed mission."
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Byju's secures commitment of USD 300 million for ongoing rights issue
Business | Feb 19, 2024, 01:11 PM ISTBYJU'S initiated a rights issue to raise USD 200 million at an enterprise valuation ranging between USD 220-250 million in January.
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'Moving mountains for months to make payroll', says Raveendran Byju as company releases salaries
Business | Feb 05, 2024, 07:37 AM ISTByju's founders and family members had pledged their house to pay employee salaries as the company continues to face a liquidity crunch.
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Byju's crisis: Investors issue notice for founders' ouster, US unit files for bankruptcy
Business | Feb 02, 2024, 07:59 AM ISTThe notice sent to shareholders outlines the resolutions proposed for the EGM and highlights the need to resolve governance and financial issues and shift control away from the founders.
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Byju's plans to raise funds at $7-8 billion valuation, banking on 'improved performance': CFO
Business | Jan 24, 2024, 11:22 AM ISTThink and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds.
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BYJU's founder takes loan against home to pay pending salaries to his employees | Read details
Technology | Dec 05, 2023, 01:29 PM ISTBYJU's provides early learning, middle school education and test preparation, among others and Raveendran Bjyu co-founded the e-learning company with his wife Divya Gokulnath.