Wednesday, July 24, 2024
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Funds from Term Loan B lying With Non-US Subsidiary, Says Byju's

Byju’s had taken a loan from certain US-based lenders in November 2021. For that purpose, an SPV named Byju’s Alpha was incorporated in Delaware in which the loan amount was transferred.

06 / 03 / 2024

Corporate Affairs Ministry Expedites Inspection Of Crisis-Hit BYJU'S

On Monday, the ministry sought to expedite the inspection and submission of the report regarding BYJU's. Specific details about the inspection could not be immediately ascertained.

26 / 02 / 2024

Byju's EGM Gets Underway; Raveendran Byju Skips, Investors File Suit In NCLT

Ahead of the EGM, a group of four investors of Byju's filed an oppression and mismanagement suit against the management of the company in the Bengaluru bench of the NCLT

23 / 02 / 2024

$200 Million Rights Issue Fully Subscribed, Board Restructuring Planned: Byju Raveendran

Byju Raveendran stated in an internal letter to shareholders that to ensure transparency regarding the usage of funds raised through the rights issue, the company will appoint a third-party agency to monitor it..

21 / 02 / 2024

Byju's Vacates 400,000 Sq Ft Bengaluru Office Space To Reduce Costs: Report

The company terminated the rental agreements for the property at Prestige Tech Park earlier this year.

20 / 02 / 2024

Byju Raveendran stated in an internal letter to shareholders that to ensure transparency regarding the usage of funds raised through the rights issue, the...

The company terminated the rental agreements for the property at Prestige Tech Park earlier this year.

BYJU'S floated a rights issue in January to raise $200 million through an equity rights issue at an enterprise valuation in the range of $220-250 million which...

The extraordinary meeting, expected to convene on Friday, will see the company's major shareholders voting to remove Byju Raveendran, Divya Gokulnath, and Riju...

Digivarsity, TeamLease EdTech’s tech-first platform, will synergise with Skill India Digital, offering candidates enhanced access to higher education and...

To avail the benefit of this initiative, termed the ‘Right to Education program,’ students had to fill out a form on the PW App.

Hero Vired plans to engage over 100 students monthly, with the long-term aim of reaching out to over 1,500 aspirants by the end of the year.