Non-profit Code.org sues Byju's-owned WhiteHat Jr
The non-profit organisation filed a case against WhiteHat Jr on December 1, alleging breach of contract against the latter.
Source: moneycontrol.com
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Byju's mulling $400 million sale of Epic to tide over financial troubles: Report
Byju’s has received three offers, totalling around $400 million, for Epic. As per the current plan, the company might need to utilise about $80-100 million from this amount while allocating the rest for term loan B (TLB) lenders, as per a report
Source: livemint.com
Byju's Founder Pledges Homes to Raise Funds for Staff Salaries
(Bloomberg) -- Byju Raveendran, the eponymous founder of Indian edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch, according to people familiar with the matter.Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsWall Street’s Furious Bull Run Gets Reality Check: Markets WrapBitcoin Surges Past $42,000 Even as Stocks and Bonds Take a HitHarvard Alumni Rebuke Its
Source: yahoo.com
Unable To Pay Salaries, Byju's Founder Takes Loan Against His Home: Report
Byju Raveendran, the eponymous founder of edtech titan Byju's, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch.
Source: ndtv.com
Unable to pay salaries, Byju's founder takes loan against his home
Byju Raveendran has raised $400 million in debt to keep firm afloat
Source: gulfnews.com