The Latest Breaking News from Byju Raveendran

A Canadian family lost $15,600 on fake Taylor Swift tickets. A larger scam involving 400+ victims and $300,000 in losses has emerged.

Amazon's new 5-day in-office policy has sparked widespread backlash from employees. Many argue it's unnecessary and time-consuming.

The Directorate of Enforcement (ED) has asked the Bureau of Immigration to issue a look out notice against Byju Raveendran, the founder of the in-crisis edtech company Bjyu's. Read further on Dynamite News:

Byju's US unit, the Indian edtech giant, has filed for bankruptcy in Delaware, signaling financial challenges for the company in the American market.

Byju’s, which led India’s edtech wave, has been on a downward spiral. Its losses more than doubled to Rs 8,245 crore in FY 2022. The valuation slumped from $22 billion to $1 billion between March 2022 and January 2024. Its employee strength plunged from a peak of over 58,000 to…

India's startup ecosystem is a vibrant and exciting space, bursting with potential and brimming with success stories.

BENGALURU: Indian edtech titan Byju’s has made a surprise repayment proposal to lenders, in which the firm has offered to pay back its entire $1.2 billion term loan in less than six months, according to people familiar with the situation.

The billionaire founder of Byju’s, the Indian education-technology firm that lost its auditor and three board members in one week, has in recent days reached out directly to investors to assure them the startup will finally release long-delayed financials and strengthen accounting processes.

Byju's Founder Byju Raveendran on Sunday informed his employees through email on Sunday that he was fully cooperating with the authorities after the directorate of enforcement conducted searches on Byju's premises. Read further on Dynamite News: