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Byju'S: Byju's clears part salaries - Edtech startup Think & Learn | Delhi News

Byju’s, the edtech startup, has cleared part salaries of employees while facing financial constraints

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Byju's: Byju's US lenders invokes parent company's guarantee in insolvency proceedings

NCLT gives Byjus three weeks to respond to US lenders petition; seeks response to BCCI plea as well

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Byju's: White knight in control? Ranjan Pai seen setting course at Aakash

Byjus investors are reconciled to his acquisition of 40% in Aakash, the people said, adding that the Manipal Education and Medical Group chairman has also invested an additional Rs 250 crore as working capital and to pay salaries.

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Shareholders' vote to oust CEO 'invalid'

Founder CEO Raveendran Byju, his wife and brother - the only three members on company board as of now - stayed away from the extraordinary general meeting (EGM) called by a group of six investors, who collectively hold more than 32 per cent in Think & Learn (T&L), the firm that operates online tution platform Byju’s.

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Byju's investors vote to oust Raveendran, recast board | India News

India News: Investors in Think & Learn, the parent company of Byju's, are seeking to remove founder Byju Raveendran as CEO and restructure the board. This comes a

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Byju's: Byju's shareholders to vote on resolution to ouster CEO, family on Friday

However, the outcome of the vote at the extraordinary general meeting (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.

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Byju's investors to meet on Friday for board ouster vote

India Business News: Shareholders of Byju's parent company Think & Learn to gather for a meeting to oust the board led by founder Byju Raveendran. Majority votes needed to

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Byju's: Investors have no voting rights to remove CEO: Byju's

Underlining the tense relations between shareholders and founder Raveendran, the company said the criticality of the rights issue has been shared with all shareholders, with the capital being pivotal for a successful turnaround.

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Rift between Byju's and investors widen; company says investors have no voting rights on CEO change

India Business News: Even as a group of Byju’s major investors are seeking removal of the troubled startup’s founder and group CEO Byju Raveendran from leadership positio

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Byju's FY22 results: Byju's FY22 results: Revenue at Rs 5,014 crore, losses swell to Rs 8,245 crore

Nearly half of Byju's losses–around Rs 3,800 crore– have come from stressed assets like Whitehat Jr and Osmo–two key acquisitions made by the company. Byjus auditor BDO has however made an observation on the ongoing concern on the $1.2 billion term loan which indicates that a ‘material uncertainty exists.

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