On Tuesday the NCLAT agreed to hear the plea, issued a notice to Aakash and Byju’s resolution professional, and deferred the ...
The story of Byju’s is a classic case of a fall from grace. Will the company claw its way back and regain its past glory?
The National Company Law Appellate Tribunal (NCLAT) has denied to remove the stay on the National Company Law Tribunal (NCLT) ruling that prohibited Byju's subsidiary Aakash Educational Services ...
BYJU’s interest in offline test prep giant Aakash comes at a time when brick-and-mortar schools are reopening and BYJU'S is under pressure to maintain its edtech leadership position BYJU’S has ...
Byju’s struggles with financial and governance challenges, facing investor disputes, debt repayment issues, and restructuring ...
Byju Raveendran also called for a “thorough investigation” into alleged collusion and fraud involving the firm’s lender Glas ...
Edtech giant BYJU 's on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August. BYJU's acquired Delhi-based ...
Another major problem was BYJU’S failure to integrate the acquired companies Aakash, WhiteHat Jr, Great Learning and others well into the main business. This has created a lopsided reliance on ...
GLAS Trust Company LLC has petitioned the NCLAT to prevent changes in Aakash Educational Services' Articles of Association. The move aims to protect minority shareholders' rights amid Byju's financial ...
In a LinkedIn post Byju's founder talked about the dispute with EY, Glas Trust, and IRP, along with the challenges faced by ...
Following this move, it potentially allows Aakash to amend its AOA, restructure the company, fundraise, which was earlier opposed by the lender | Photo Credit: Zolnierek Private equity firm ...