Byju’s
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BYJU’s CEO Arjun Mohan resigns from company, Raveendran to take over ops
BYJU’s today morning (Monday, April 15) announced that their CEO Arjun Mohan has resigned from the company and will now take on an external advisory role.
BYJU’s, Camshaft & the IHOP connection: An investigation into hidden assets
Byju’s, one of India’s leading tech companies, is alleged to have concealed $533 million in a relatively unknown hedge fund, Camshaft Capital Fund.
BYJU’s Senior VP Cherian Thomas resigns to take over as head of US-based company
Thomas, who is credited with being the mastermind behind BYJU's entry into the American market, was also in charge of directing Osmo's operations as the company's CEO.
BYJU’s employee layoff not the 1st as the company faces another mishap
BYJU’s, the Edtech firm has undertaken another round of layoffs, as it navigates a challenging operating environment.
BYJU’s shows door to another 100 employees citing performance issues
The news comes as the edtech behemoth is engaged in a battle on several fronts, including cash flow problems, legal concerns with lenders, multiple rounds of layoffs, board member resignations, valuation markdowns, and delayed financial reporting, among others.
BYJU’s creditors agree on amending $1.2 billion loan terms: Details
The steering committee of ad hoc term loan lenders (the "SteerCo"), who jointly own more than 85% of BYJU'S $1.2 billion term loan, today stated that it and BYJU'S have agreed to cooperate in order to sign and complete a term loan amendment (the "Amendment") before August 3, 2023.
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