The FinTech Hub
Source: Business Standard Alakh Pandey, founder and CEO, PhysicsWallah. 2 min read Last Updated : Sep 20 2024 | 4:01 PM IST Edtech unicorn PhysicsWallah said on Friday it has raised $210 million in a funding round led by Hornbill Capital at a 2.5 times higher valuation of $2.8 billion. Lightspeed Venture Partners,…
Source: Business Standard According to BYJU’S, lenders represented by Glas Trust wrongly accelerated the loan in March 2023 which was to be repaid in November 2026. (Photo: Reuters) 4 min read Last Updated : Sep 15 2024 | 8:36 PM IST US lenders represented by Glas Trust have countered BYJU’s founder Byju Raveendran’s claim…
Source: Business Standard A Byju’s Tuition Cente in Mumbai.Photographer: Dhiraj Singh/Bloomberg 2 min read Last Updated : Aug 02 2024 | 4:47 PM IST In a major relief to Byju’s, the NCLAT on Friday set aside insolvency proceedings against the troubled edtech major over a sponsorship deal and approved a Rs 158 crore settlement…
Source: Business Standard Byju Raveendran, the eponymous founder of education technology startup Byju’s, is back in control of the company. The insolvency resolution process against Byju’s parent company Think and Learn has been halted as the National Company Law Appellate Tribunal (NCLAT) on Friday accepted the settlement reached between Byju Raveendran and the…
Source: Business Standard Overall, claims worth over $1.5 billion from 1,887 creditors have been made so far, with most of them still under review, other claim documents showed. (Photo: Reuters) 2 min read Last Updated : Sep 06 2024 | 10:33 PM IST Indian tax authorities are seeking dues of $101 million from education-technology…
