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The court observed that the excuse made by Morton was not credible, according to the lenders' statement.
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According to Byju's statement, Camshaft, a wealth manager who had managed the funds, disclosed to a Delaware court earlier this week that the money was transferred to a 100 per cent subsidiary of BYJU's.
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The next hearing has been listed for April 4. Sources close to the company said that the Wednesday timeline for closure of the rights issue will not be extended.
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Prosus - one of the six investors who had called the extraordinary general meeting - in a statement said "shareholders unanimously passed all resolutions put forward for vote
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Byju's new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead, according to the company.
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The edtech major has been grappling with multiple issues, including concerns over its corporate governance practices
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Dream11 replaces Byju's whose contract ended in March this year, and has signed the deal with BCCI for a period of 3 years.
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32 students of Aakash BYJU’S from Hyderabad, secured an overall 99 percentile and above in JEE Mains 2023
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Blackstone has nearly 38 per cent stake in Aakash and BYJU's has paid nearly 75 per cent of the Aakash acquisition amount.
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The Minister as part of celebrating his birthday meaningfully had launched a "Gift A Smile" initiative three years ago.
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Bengaluru: Edtech major BYJU’s on Tuesday named Krishna Vedati as President of Global Growth and Strategic Initiatives, along with rejigging top leadership at K-12 creative coding platform Tynker (which it acquired for $200 million) as part of its US expansion. Vedati, Co-Founder and CEO of Tynker, will report to BYJU’s Co-Founder and CEO Byju Raveendran. […]
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New Delhi, April 18 (IANS) For Vipluv, 24, a job offer from the leading edtech company BYJU’s was like a dream come true. He, along with four-five of his friends, joined the company as Business Development Trainee-Sales in February this year for a monthly stipend of about Rs 15,000. After a six-week training, he was […]
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New Delhi: BYJU’S on Monday announced a new partnership with QIA, the sovereign wealth fund of Qatar, to launch a new edtech business and state-of-the-art research centre in Doha. The new entity in Doha will drive research and innovation to create cutting-edge learning solutions customised for students in the MENA region. Byju Raveendran, Founder and […]
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Bengaluru: Edtech company BYJU’S on Monday announced the appointment of Majid Yazdani as Vice President at BYJU’S Lab to propel and further shape the future of education. Yazdani will work on personalisation and other AI applications to the education sector. He will also be responsible for incubating new ideas and delivering breakthrough solutions across BYJU’S […]
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By Srinivas Rao Mahankali Even as the Covid-19 pandemic wreaked havoc on the world and ravaged global economies, it ushered in winds of positive change for India’s startup ecosystem. According to recent reports, 43 startups were identified as unicorns in 2020, and 42 others in 2021, making it a bumper period for homegrown startups. The […]
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According to sources, Byju's has raised $200 million in a fresh round of funding that has raised the company's valuation to $12 billion
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BYJU'S Give is part of "Education for All" initiative that endeavors to democratise education and provide five million underprivileged children across remote areas access to quality online learning opportunities by 2025.