Byju

Byju’s Insolvency Deepens: Supreme Court Issues Notice on BCCI, Riju Raveendran Pleas Against NCLAT Ruling

The complex insolvency saga surrounding Byju's, India's once high-flying ed-tech giant, has taken a new turn as the Supreme Court of India has issued notices on pleas filed by the Board of Control for Cricket in India (BCCI) and...

NCLAT Rejects Byju’s Plea to Exclude ₹158 Crore Settlement from Lenders’ Review

In a significant development concerning Byju's insolvency proceedings, the National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal by Riju Raveendran, a suspended director of Byju's, seeking to exclude a ₹158 crore settlement with the Board of Control...

Mayank Kumar Resigns as Upgrad’s MD Amid Upcoming $50-60M Funding Round

In a major leadership shift, Mayank Kumar, co-founder and Managing Director of Upgrad, has announced his resignation as the company gears up for a critical $50-60 million funding round. Kumar’s departure, after nearly a decade of steering the edtech platform, comes at...

Aakash Educational Services Lays Off 100 Amid Strategic Shift

Aakash Educational Services Limited (AESL), owned by Byju’s, has reportedly laid off 80 to 100 employees over recent months, including senior and mid-level executives, as part of its "Aakash 2.0" strategic shift. This restructuring effort comes as the company...

BYJU’S Faces INR 13,000 Crore in Claims Amid Insolvency

BYJU’S, the Indian edtech giant, is currently facing insolvency proceedings with claims totaling over INR 13,027 crore. These claims have been submitted by 1,887 creditors, with many still under review. The largest portion of these claims, approximately 88%, comes...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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