Byju Raveendran

BYJU RAVEENDRAN NEWS

US bankruptcy court reverses USD 1 bn damages against Byju Raveendran

December 10, 2025 6:33 pm

The court in the December 8 order said it will "amend its Default Judgment Opinion to remove those sections assessing damages against Byju Raveendran." It directed parties to provide their respective positions on the issue on January 7.

In interim relief for Qatar fund, Karnataka HC bars Byju's from disposing of assets in $235-million arbitral award case

September 01, 2025 11:33 pm

The Karnataka High Court will further hear the Qatar Investment Authority’s petition, which seeks the partial arbitral relief against Byju’s to be enforced, on Wednesday

'Worth zero': Founder of India's once biggest startup Byju's concedes mistakes

October 18, 2024 4:42 pm

Byju's, which operates in more than 21 countries, became popular during the COVID-19 pandemic by offering online education courses.

Bjyu's, once valued at $22 billion, is now worth 'zero,' says founder Byju Raveendran

October 18, 2024 3:19 pm

Byju's former CEO and founder Raveendran Byju's recently said that his company, which was once valued at $22 billion now has a 'zero' net worth.

Raveendran takes over daily operations at Byju’s, India CEO Arjun Mohan exits

April 16, 2024 11:01 am

Byju's is in urgent need of funds, and faces huge financial losses, a barrage of legal suits, and massive investor backlash. Its valuation has fallen below $1 billion (Rs 8,300 crore), and certain investors are pushing to oust Raveendran and members of his family from the company.

Byju's founder Raveendran to take over firm's daily operations after CEO resigns

April 15, 2024 10:54 am

Following the move, the company has announced a major rejig of the business that will consolidate its business into three focused divisions -The Learning App, Online classes and Tuition centres, and Test-prep.

Byju’s CEO Raveendran says unable to pay salaries, lambasts investors for blocking funds

March 02, 2024 6:21 pm

On February 23, investors said they “unanimously passed all resolutions”, including the reconstitution of the board of directors and ouster of founder and CEO Byju Raveendran and family members, put forward for vote at the Extraordinary General Meeting of Think & Learn Pvt Ltd.

Byju's investors allege $533 mn siphoned off, NCLT reserves order on rights issue

February 27, 2024 8:59 pm

The rights issue through which promoters of Byju's are seeking to infuse funds into the startup, is to close on Wednesday and the two sides cited technicalities if the rights issue could go ahead.

Byju’s founder says he continues to be CEO, only 45 pc shareholders voted against him

February 25, 2024 12:58 am

In a letter to the employees, Raveendran said the claims made by a small group of select minority shareholders that they have unanimously passed the resolution in the EGM is completely wrong.

Byju’s shareholders vote to oust founder Raveendran, seek board revamp; company calls EGM invalid

February 23, 2024 10:48 pm

Raveendran and his family stayed away from the EGM. Byju’s said only 20 per cent of the investors attended the meeting.

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