Business News/Topic/ Byjus

BYJU'S

Ever since Byju Raveendran founded the eponymous edtech company in 2011, Byju's has been the subject of much discussion. The Indian education sector seemed ripe for disruption, and by 2019, the company was an investor favourite. The onset of the pandemic brought the real riches for Byju's: with kids attending school through their laptops, phones, and tablets, Byju's was immediately seen as being at the forefront of facilitating this institutional method of learning — all the way to a $22 billion valuation. But with the accolades, came the woes. As Covid-19 slipped into the rear-view mirror, ugly stories about the edtech's policies came to light. Impossible targets, poor management, and a slew of senior-level exits dominated the headlines. Finally, came the last straw — investors and regulators started asking the tough questions about the company failing to comply with statutory requirements. Growth, it seemed, had come at the cost of governance, like in so many messy startups. Here’s a curation of original reportage and analysis about Byjus, once India’s most valuable startup.

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BYJU'S

Byju’s seeks arbitration over NCLT trial in dispute with investors

For Byju's, $200 million is so near yet so far

Top investors likely to skip Byju’s $200 mn rights issue

Byju’s likely to go ahead with rights issue after NCLT defers verdict

Mint Explainer: The mountain of legal cases that could bury Byju’s

Byju's: Battle for control

Gloves on: Not taking allegations lying down, remain CEO, says Byju Raveendran

Founder and family of Byju’s to not attend EGM, call it invalid

You just can't oust us, Byju's tells investors

Ranjan Pai turned saviour for Aakash; so why are investors upset?

Byju’s US arm files for bankruptcy in latest blow to troubled tutor

Shareholders ask Byju Raveendran to step down

Byju’s likely to slash its valuation by 90% to raise fresh funds

How Byju's US lenders ran into a hedge fund wall

Saving edtech company Byju’s: Inside the great rescue act

Mint Explainer: What is behind ICAI's review of Byju's financial statements?

ICAI to flag concerns about Byju’s financials

Aakash’s minority stakeholders say no to Byju’s shares

Deloitte report raised concerns about Byju’s financial controls

Byju's needs a board recast, not an advisory council

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BYJU'S

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