Byju's & Insolvency ❌

So after dodging many bullets Byju's finally goes to Insolvency Trial.

Does anyone have any news of what's happening inside the company?

5mo ago

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Curated from across

Byju's, once valued at $22 billion, faces insolvency proceedings, likely forcing thousands of employees to quit and shutting down services.
The company, backed by investors like Prosus and General Atlantic, has faced job cuts, valua...

Byju's, once valued at $22 billion, faces insolvency, causing panic among employees.
U.S. lenders seek $1 billion in unpaid dues, leading to a court battle and asset freeze.
Employees, unpaid for months, consider protests and law...

Byju's founder, Raveendran, declared the company's worth as zero after key investors resigned from the board.
The resignations made it impossible for the edtech firm to raise further funds.
Raveendran expressed regret over taking...

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