A unit of Byju’s, once one of India’s hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in debt.

Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtech giant, implying a starkly diminished valuation of $5.1 billion to the Indian startup ...

Indian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of the $1.2 billion term loan B, calling their demands for prepayment of the entire amount ...

NEW DELHI, June 25 (Reuters) - Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September ...

BENGALURU, June 27 (Reuters) - Dutch-listed technology investor Prosus NV (PRX.AS), opens new tab has slashed the valuation of troubled Indian edtech startup Byju's to $5.1 billion according to its ...

BYJU’S lenders have agreed to extend a cooperation agreement between them by a minimum of three months The agreement signed by the lenders’ consortium, requiring them to act in concert while ...

The entire Whodat team and its proprietary computer vision platform will move on to BYJU’S Whodat’s AR platform is built on computer vision and lets developers build apps that require location ...

The suspended directors of embattled edtech firm Byju’s have approached the bankruptcy appeals court to prevent its creditors ...

PALO ALTO, Calif. & BENGALURU, India--(BUSINESS WIRE)--Backed by General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake, Tiger Global and other notable investors, BYJU ...

Creditors to Byju’s, India’s most valuable startup, have pulled out of negotiations with the company to recast a $1.2 billion loan, posing a new setback to the beleaguered tech firm, according to ...