Who is Byju Raveendran

Raveendran announces plans to seek $2.5 billion in damages

The Supreme Court dismisses the appeals of BCCI and Riju Raveendran to withdraw insolvency proceedings against Byju's parent company, Think and Learn Private Limited, over unpaid sponsorship dues

The BCCI and Byju's contended Form FA, which is an application for withdrawal of Corporate Insolvency Resolution Process (CIRP), was submitted before the formation of CoC of Byju's

Glas Trust now controls Byju's Alpha, which was a special-purpose financing vehicle established by the edtech firm to receive Term Loan B funds

Education startup's creators blame financial backers for the company's collapse from $22 billion valuation to insolvency

Byju's subsidiaries Epic and Tynker were acquired by TAL Education and CodeHS for $95 million and $2.2 million after a 48-round auction, as a part of ongoing bankruptcy proceedings in the US

Aakash urges NCLT to add EY and its partner as parties in Byju's dispute, citing conflict of interest and alleging professional misconduct in corporate advisory role

BYJU'S CEO Byju Raveendran apologises for past service disruptions, pledges compensation to affected students, and outlines vision for AI-powered BYJU'S 3.0

A two-member Chennai bench of the NCLAT comprising Justice Rakesh Kumar Jain and Jatindranath Swain upheld the directions passed by the NCLT

Edtech pioneer, wife and close business associate accused of 'masterminding theft of more than half a billion dollars'

Glas would take all necessary actions to hold Byju Raveendran and his associates accountable for the harm caused to lenders and thousands of T&L customers, says spokesperson

Valued at $22 billion in 2022, Byju's has seen its fortunes almost wiped out due to a massive cash crunch, regulatory issues and disputes with investors

Raveendran joined X on Friday to reveal the "truth" about the company and the events of the past two years

Khaitan & Co, EY refute allegations

Byju CEO Byju Raveendran assures unpaid employees that salaries will be cleared 'not immediately, but eventually', as staff struggle with three months of unpaid wages and financial uncertainty

Raveendran has called for an investigation into what he alleged is a "criminal collusion" between accounting firm EY India, GLAS Trust which represents US lenders, and the IRP

Lenders may argue that as the ultimate decision-maker, Raveendran had knowledge of or actively participated in the diversion of funds, potentially justifying a 'corporate veil-piercing' claim

Byju's fraudulently transferred at least part of the money to a small hedge fund based in Miami to keep it out of lenders' hands, US Bankruptcy Judge John Dorsey also ruled

Raveendran alleges he and employees received proof of criminal collusion involving EY India, GLAS Trust, and the IRP, urging authorities to investigate the evidence

Riju, the younger brother of founder Byju Raveendran, told the appellate tribunal that the settlement with BCCI had been finalised before the committee of creditors (CoC) was formed