The Fall of India’s Hot Startup Is Wiping Out US Debtholders
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Amazon to acquire fintech lending startup Axio in a $200 million all-cash deal
Axio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following ...
The downfall of India's hot startup Byju's is wiping out US debtholders
When debt holders tried to recover over half a billion dollars from Byju’s US accounts, they came up empty after it was ...
Downfall of Byju's, India's hot edutech startup, wipes out US debtholders
Recoveries will need to come from how Indian courts rule on the company's broader insolvency plan and how it aims to repay ...
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2,148 Edtech Start-Ups Have Shut Down
India's once-thriving edtech sector is witnessing a significant downturn with 2,148 startups having shut operations in the ...
Byju’s CIRP Reveals Employee Claims and Financial Struggles
Employees raised ₹177.5 Cr for unpaid emoluments, out of which only ₹ 32.56 Cr were accepted provisionally. Create a legal ...
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Byju’s Insolvency: Employee Claims and Ongoing Verification
Byju's corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding ...
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Byju’s employee claim hits Rs 177.5 crore
Employees who don't find their names in the current list have been advised to send a reminder email to the designated email ...
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NCLT Reserves Order On Appeals Filed By Creditors Of BYJU’S
NCLT has reserved its order on the appeals filed by creditors of BYJU’S, Glas Trust and Aditya Birla Finance, seeking to be ...