• 

  Google Play Store removes Byju's app amid vendor payment dispute

  Technology | May 26, 2025 18:53 IST

  Byju's is currently undergoing insolvency proceedings. Its operations are being managed by an Insolvency Resolution Professional who oversees Byju's business.

• 

  Setback for Byju's as Supreme Court overturns NCLAT order on Rs 158-crore settlement with BCCI

  India | October 23, 2024 14:56 IST

  The Supreme Court has overturned the NCLAT’s approval of a Rs 158 crore settlement with the BCCI, highlighting procedural lapses in handling bankruptcy petitions.

• 

  Byju's faces insolvency proceedings as it fails to pay Rs 158.9 crore sponsorship fee to BCCI

  Business | July 16, 2024 21:02 IST

  Byju'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.

• 

  BYJU's CEO Arjun Mohan resigns, founder Raveendran takes over daily operations

  Business | April 15, 2024 12:24 IST

  Following the move, the company has announced a major rejig of the business that will consolidate its business into three focused divisions.

• 

  Explained: From startup star to financial struggle, the rise and fall of Byju's

  Explainers | March 13, 2024 22:26 IST

  Byju 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.

• 

  I continue to remain CEO, rumours of my firing highly exaggerated, inaccurate: Byju's Raveendran

  Business | February 24, 2024 20:52 IST

  In a note to employees on Saturday, Raveendran alleged that a lot of essential rules were "violated" at Friday's Extraordinary General Meeting (EGM).

• 

  Byju's investors vote to remove CEO Raveendran and his family; firm dubs vote as ‘invalid’

  Business | February 23, 2024 19:40 IST

  Raveendran and his family stayed away from the EGM, calling it "procedurally invalid." However, the outcome of the vote at the EGM will not be applicable until March 13, when the Karnataka High Court will next hear Raveendran's plea challenging the move by certain investors to call the EGM.

• 

  ED issues look-out notice against Byju's founder Raveendran over FEMA violations

  Business | February 22, 2024 12:05 IST

  In 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."

• 

  Byju's secures commitment of USD 300 million for ongoing rights issue

  Business | February 19, 2024 13:11 IST

  BYJU'S initiated a rights issue to raise USD 200 million at an enterprise valuation ranging between USD 220-250 million in January.

• 

  'Moving mountains for months to make payroll', says Raveendran Byju as company releases salaries

  Business | February 05, 2024 7:37 IST

  Byju's founders and family members had pledged their house to pay employee salaries as the company continues to face a liquidity crunch.

• 

  Byju's crisis: Investors issue notice for founders' ouster, US unit files for bankruptcy

  Business | February 02, 2024 7:59 IST

  The 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.

Advertisement
• 

  Byju's plans to raise funds at $7-8 billion valuation, banking on 'improved performance': CFO

  Business | January 24, 2024 11:22 IST

  Think 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.

• 

  BYJU's founder takes loan against home to pay pending salaries to his employees | Read details

  Technology | December 05, 2023 13:29 IST

  BYJU'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.

• 

  ED issues show-cause notice to Byju's for alleged FEMA violations, company denies

  Business | November 21, 2023 14:46 IST

  Under the provisions of the FEMA, the ED had conducted searches and seizures at three premises in Karnataka’s Bengaluru in connection with a case lodged against Raveendaran and his company in April this year.

• 

  Ajay Goel quits as Byju’s CFO, rejoins Vedanta

  Business | October 24, 2023 12:50 IST

  Vedanta said Shrivastava resigned as the CFO with effect from the close of business hours on October 24 "due to personal reasons”. Goel was earlier associated with Vedanta as acting CFO of the company between October 23, 2021 and April 9, 2023.

• 

  Byju’s to cut around 5,000 jobs in business restructuring exercise

  Business | September 27, 2023 7:45 IST

  Byju's news: According to TechCrunch, Byju’s will go through the restructuring exercise to pare down costs amid a broad restructuring of its business following a delayed Initial Public Offering (IPO) and pressure from lenders.

• 

  BYJU'S lays off 100 employees citing 'poor performance', taking tally to 3,600

  Business | August 19, 2023 12:17 IST

  In February 2023, the company laid off 2,500 employees. The latest round of layoffs brings the total number of employees that BYJU'S has laid off in the past year to over 3,600.

• 

  Byju's appoints former upGrad chief Arjun Mohan as CEO | Know DETAILS

  Business | July 13, 2023 16:28 IST

  Byju business news: Byju's declined to comment on the development. Mohan was with Byju's for 11 years as its Chief Business Officer before joining Ronnie Screwvala-promoted upGrad as its India CEO.

• 

  No SFIO probe on edtech giant BYJU's, say sources

  Business | July 10, 2023 14:48 IST

  The edtech giant has provided the requested information to the ROC Bengaluru. Reports suggesting an ongoing investigation by the Serious Frauds Investigation Office (SFIO) against BYJU’S are blatantly false, sources added.

• 

  Deloitte resigns as BYJU'S auditor, edtech firm ropes in BDO for audit

  Business | June 22, 2023 23:30 IST

  Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed.