The development comes less than a week after a Delaware bankruptcy ordered Byju Raveendran to pay over $1.07 billion in a ...
Byju's founder Byju Raveendran plans to file a USD 2.5 billion damages claim in the US, challenging allegations by GLAS Trust about the diversion of USD 533 million Alpha Funds. Raveendran denies ...
Once the face of India’s digital education boom, Byju’s rose from a modest learning app to a global edtech powerhouse valued ...
WILMINGTON, DE – A US bankruptcy court in Delaware has entered a default judgment against Byju Raveendran, the founder of the ...
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Byju’s founder appeals US order to pay over $1 billion
Byju Raveendran is facing one of the most consequential legal and financial challenges of his career after a United States court ordered him to pay more than 1 billion dollars linked to a disputed ...
At its peak, the ed-tech company reached a valuation of USD 22 billion in 2022, driven by its popularity for offering online ...
The ruling of the court followed findings that Raveendran failed to comply with multiple expedited discovery orders in the ...
The Delaware Court ruling also notes that monetary contempt penalties ordered at $10,000 per day remain unpaid and have ...
The edtech firms in India are shifting their business model significantly. PhysicsWallahs success demonstrates that the ...
On the eve of PhysicsWallah's biggest show, Byju’s issued a media statement over the fund siphoning allegations.
PhysicsWallah listed at a 33% premium to its IPO price, and its shares ended Day 1 at a valuation of ₹44,000 crore (about $5 ...
PhysicsWallah maintains controlled discipline while scaling its hybrid business model and is poised for long-term growth, ...
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