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Byju's rights issue: Byju's rights issue gets $300 million commitment

Byju s floated a rights issue in January to raise $200 million through equity rights issue at an enterprise valuation in the range of $220-250 million which is a 99 per cent reduction in its peak valuation of $22 billion. ....

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US lenders of Byju's seek to stop sale of Aakash stakes; Bengaluru court says commercial court must decide | Bangalore News

The investors in Byju’s had sought an injunction against the sale of shares of Aakash Educational Service by citing a default in payment of a loan of over Rs 11,000 crore obtained from US lenders.
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'Have been moving mountains for months': Byju Raveendran after Byju's pays January salaries

The development came days after reports suggested that the company delayed salaries for the month of January. ....

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Byju's value drop: Foreign investors have an odd objection

Their protest over a markdown in Aakash’s value seems strange, given the insolvency pleas filed against its cash-strapped owner Byju’s and the massive blow the latter’s valuation has taken. ....

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French digital services company Teleperformance files insolvency plea against Byju's

This is the second plea to be registered at NCLT against Byju s, first being the plea filed by Board of Control of Cricket in India (BCCI) in November 2023. ....

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