Riju Raveendran, a suspended director of embattled edtech firm Byju’s, has approached the bankruptcy appeals court to prevent its creditors from deciding on a ₹158 crore settlement with India ...
Indian edtech unicorns, which went on a rapid expansion spree during the pandemic years, are recalibrating their strategies as the collapse of Byju’s and investors’ focus on profitability prompts them ...
However, it decided against doing so after counsels representing the former directors—Byju Raveendran and Riju Raveendran—objected, arguing that they needed to be heard before the tribunal ...
During the hearing, the counsel for the erstwhile directors of the BYJU’S, Byju Raveendran and Riju Raveendran, objected to the appointment of Ajmera as IRP This comes a month after the NCLT ...
Cofounder and CEO Byju Raveendran said that around 40% of the revenue collected in FY21 got deferred to future fiscal years The deferred revenue seems to have a deep impact on its numbers and BYJU ...