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Grapevine: Kreditbee closer to shifting base to India; Stable Money raises funds

General

23 July, 2024

Grapevine: Kreditbee closer to shifting base to India; Stable Money raises funds

Lending startup Kreditbee, backed by Premji Invest and Advent International, has taken a significant step towards relocating its domicile from Singapore to India, a ......

Byju's founder Raveendran faces reckoning as startup implodes

TMT

22 July, 2024

Byju's founder Raveendran faces reckoning as startup implodes

Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, ......

Byju's faces total shutdown if insolvency proceeds, says founder Byju Raveendran

TMT

19 July, 2024

Byju's faces total shutdown if insolvency proceeds, says founder Byju Raveendran

Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees ......

Byju's to challenge insolvency proceedings initiated by Karnataka NCLT

TMT

17 July, 2024

Byju's to challenge insolvency proceedings initiated by Karnataka NCLT

Indian education technology company Byju's will challenge insolvency proceedings initiated against it in an attempt to block the process this ......

Byju Raveendran's brother Riju held in contempt by US court

TMT

22 May, 2024

Byju Raveendran's brother Riju held in contempt by US court

A US court on Tuesday held Riju Ravindran, brother of Byju Raveendran, in contempt of court for failing to “disclose ......

Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig

People

15 April, 2024

Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig

Beleaguered edtech company Byju’s India CEO Arjun Mohan has stepped down, ten months after moving to the company from rival ......

Investors vote for change of guard at Byju's; startup says resolution 'invalid'

TMT

23 February, 2024

Investors vote for change of guard at Byju's; startup says resolution 'invalid'

Things seem to be worsening for the beleaguered edtech Byju’s, as a consortium of its investors, which last month sought ......

Byju's hits back at investors, says they can't vote CEO out

TMT

02 February, 2024

Byju's hits back at investors, says they can't vote CEO out

Beleaguered edtech firm Byju's, whose major investors called for an extraordinary general meeting seeking changes in leadership, said Friday its investors do not ......

Byju's major investors seek leadership change, board reshuffle

TMT

01 February, 2024

Byju's major investors seek leadership change, board reshuffle

A group of Byju's shareholders including tech investor Prosus said on Thursday it is seeking a revamp of the embattled ......

Byju's seeks to raise $200 mn to service immediate liabilities

TMT

29 January, 2024

Byju's seeks to raise $200 mn to service immediate liabilities

Edtech player Byju's is looking to raise $200 million from its existing equity investors through a rights issue it launched ......