{
Byju Raveendran

People

}
byju's founder allegedly tried to evade testimony by offering bribe
Byju Raveendran, founder of Byju’s, allegedly attempted to persuade Nebraska businessman William R. Hailer to flee the U.S. to avoid testifying in federal court. Hailer claimed Raveendran sent him a nearly $10,700 plane ticket to Dubai and offered a $500,000 salary to join him, urging him not to testify about Raveendran's efforts to regain control of Byju’s assets.
Moneycontrol
United States Dollar Byju’s USA ARE CHN IND Byju Raveendran Show more
Regulatory & Legal, Transcript
02:46 22.11.2024
byjus founder allegedly urged associate to flee us before court testimony
Byju Raveendran, founder of Byju’s, allegedly urged a Nebraska businessman to flee the US to avoid testifying in federal court about questionable activities he witnessed involving Raveendran. Just two days before the hearing, Raveendran sent the businessman a plane ticket to Dubai, as new allegations emerged regarding his attempts to use concealed loan proceeds to secretly repurchase a software company.
bloomberg.com
Byju’s IND Byju Raveendran
Regulatory & Legal, News Article
19:13 21.11.2024
byjus founder accused of attempting secret buyback amid bankruptcy proceedings
Byju’s founder, Byju Raveendran, is accused of attempting to regain control of his bankrupt education technology firm by secretly using hidden loan proceeds to buy back a software company, Epic!, from US creditors owed over $1.2 billion. A court filing reveals that Raveendran enlisted Nebraska businessman William R. Hailer in this scheme, which ultimately failed. Hailer claims he was manipulated in Byju’s legal maneuvers and is set to testify in federal court regarding the sale of Epic! to benefit creditors.
Moneycontrol
United States Dollar Byju's Epic Corp. Think & Learn Pvt. IND Byju Raveendran Show more
Finance & Economy, News Article
03:23 21.11.2024
byjus founder accused of hiding cash to regain control of firm
Byju Raveendran, the founder of the bankrupt Indian tech firm Byju’s, is accused of attempting to regain control of his struggling education empire by using hidden loan proceeds to secretly buy back a software company. This move comes as the company faces court supervision in both India and the US, as detailed in a recent court filing by Nebraska businessman William R. Hailer.
bloomberg.com
Byju’s USA IND Byju Raveendran
Regulatory & Legal, News Article
01:43 21.11.2024
startups in india face challenges amid rapid growth and governance issues
India's startup ecosystem, once celebrated for its rapid growth and innovation, is facing challenges as some prominent firms struggle with governance amid their expansion. Notably, Byju Raveendran, founder of the ed-tech giant Byju's, recently declared his company's value has plummeted to zero from over $20 billion. This situation highlights the need for startups to prioritize sustainable growth over mere scaling.
Moneycontrol
United States Dollar Byju's K3 Education Ltd. IND Byju Raveendran
Technology & Innovation, News Article
08:39 24.10.2024
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