Byju's founder Byju Raveendran plans to file a USD 2.5 billion damages claim in the US, challenging allegations by GLAS Trust about the diversion of USD 533 million Alpha Funds. Raveendran denies ...
Founders of embattled edtech major BYJU’s are preparing legal action to seek at least $2.5 billion in damages from investors and lenders they blame for harming their business and personal standing.
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Byju’s goes to war: $2.5 billion lawsuit brewing against Glas Trust; here’s what the matter is about
Byju's founders Byju Raveendran and Divya Gokulnath are preparing a $2.5 billion lawsuit in India and overseas as the edtech giant battles insolvency proceedings and a legal dispute with Glas Trust, ...
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Byju Raveendran To File For $2.5 Billion In Damages, Disputes GLAS Trust's Fund Diversion Claims
In a statement, Raveendran said he has also submitted a motion in the Delaware Bankruptcy Court, seeking correction of what ...
The District Consumer Disputes Redressal Commission in Indore asked a local manager of BYJU’S and actor Shah Rukh Khan to return the fee and pay compensation to the student The student alleged that ...
Bengaluru-based edtech startup BYJU’S joined the unicorn club last March and since then has been on a growth trajectory with large investment cheques and jumps in valuation. The company recently ...
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