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BYJU'S to announce the results of FY22 in the next week of October

This is a significant step as the education tech startup is already quite delayed in reporting its financials and this was a major overthrow for the unicorn’s prominent stakeholders. In a statement, BYJU’S said that its board of directors alongside the advisory council and a list of invitees will meet to accept the audited accounts formally. In order to avoid uncertainty and apprehension, the company’s board at present includes its founder and his family— Byju Raveendran, Divya Gokulnath...
Divya Gokulnath Riju Raveendran Arjun Mohan Baiju Raveendran Chan Zuckerberg Rajnish Kumar

The harsh 'reality' facing real money gaming firms, and other top tech, startup stories this week

The gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the sector. One of the notices, amounting to an estimated Rs 25,000 crore, was served to fantasy sports company Dream11, making it the largest indirect tax notice in India. This move has sparked legal disputes and challenges from the gaming companies, who argue that the tax demands are retrospective and unfair. The Supreme Court will conduct further hearings on t...
Tamil Nadu Republic Of Nithin Kamath Anirudh Sharma Rashi Narang Afsar Ahmad

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Byju’s Misses Deadline To File FY22 Financials Results in September, Will Release Financial Statement in October

The Board of Directors, along with the Advisory Council and certain invitees, will meet to formally adopt the audited accounts, the spokesperson added. Earlier this year, the ed-tech company told its investors and lenders that it would file its FY22 financial statements by September. �� Byju’s Misses Deadline To File FY22 Financials Results in September, Will Release Financial Statement in October.
New Delhi Whitehat Jr Arjun Mohan Advisory Council Learn Pvt Ltd Social Media Policy Rolls

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