Byju's founder Byju Raveendran is caught in a storm as ED bars his travel and investors plan to oust him. Find out more!
Byju's, the edtech giant, is facing turbulent times as its founder, Byju Raveendran, has been barred from traveling outside the country by the Enforcement Directorate. Investors are moving forward with an extraordinary general meeting (EGM) to vote on the removal of Byju Raveendran as the CEO. Questions have also been raised regarding a significant amount of billing and commission, with the startup clarifying that the dues are overstated.
Once hailed as a startup poster boy, Byju Raveendran now finds himself on the Enforcement Directorate's search list. Shareholders of Byju's are gearing up to vote on a resolution to oust the CEO and his family members. The ED has escalated its actions by upgrading the Look Out Circular against Byju Raveendran in connection with a FEMA probe.
Amidst the ongoing investigation, the ED has requested a revised look-out circular against Byju Raveendran. In a surprising turn of events, Byju Raveendran and his family members, including his wife and brother, are expected to skip the EGM. The battle for Byju's leadership continues, with uncertainties looming over the future of the edtech company.
Interesting Fact: Byju Raveendran, once a celebrated figure in the startup world, is now under intense scrutiny from investigative agencies. The push for his removal as the CEO highlights the internal strife within Byju's management.
In more trouble for edtech giant Byju's, the Enforcement Directorate has barred its founder Byju Raveendran from travelling outside the country.
New Delhi, Key investors in edtech major Byju's will go ahead with the extraordinary general meeting (EGM) on Friday for a vote to remove Byju Raveendran ...
Startup says Rs 1400 crore dues grossly overstated, outstanding net amount is around Rs 614 crore.
The once sought-after hero of the Indian startup landscape is now on the Enforcement Directorate's (ED) search list, after the investigation agency on ...
Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over ...
The Enforcement Directorate has upgraded its Look out Circular issued against BJYU's founder and CEO Byju Raveendran in connection with a FEMA probe, ...
The Enforcement Directorate (ED) has urged the Bureau of Immigration (BOI) to issue a revised look-out circular (LOC) against Byju Raveendran, ...
A BYJU'S spokesperson said that none of the company's board members, which include founder Byju Raveendran, his wife Divya Gokulnath, and his brother Riju, ...
New Delhi: Edtech firm Think and Learn Private Ltd, owner of BYJU'S, on Thursday said neither the company's founder and CEO Raveendran Byju nor any other ...
Edtech firm Think and Learn Private, owner of BYJU'S, said neither the company's founder and CEO Raveendran Byju nor any other board member will attend the ...
Exclusive TICE report reveals that Byju Raveendran is currently sitting in Dubai. ED's Look Out Notice for Byju Raveendran has sparked questions about his ...
Byju's shareholders are set to conduct an emergency meeting today to decide on the ouster of CEO Byju Raveendran and his family as the board of directors.
With the EGM scheduled for Friday, the fate of edtech giant BYJU'S, its founders Byju Raveendran and Divya Gokulnath hangs in the balance.
However, founder Byju Raveendran and his family said they will not attend the meeting. This and more in today's ETtech Morning Dispatch. Also in this letter: □ ...
An extraordinary general meeting (EGM) set to decide the fate of Byju Raveendran, the CEO and founder of Byju's, India's leading ed-tech giant, ...
The fate of Byju Raveendran, founder and CEO of ed-tech giant Byju's, hangs in the balance as an extraordinary general meeting (EGM) of its investors is ...
Byju's investors to decide CEO's future in crucial EGM · Select investors seek ouster of Byju Raveendran · Raveendran has refused to attend the EGM.
An extraordinary general meeting called by Byju's investors to oust the company's chief executive officer and founder Byju Raveendran faced a number of ...
Four Byju's investors have moved the NCLT against CEO Byju Raveendran, deeming him unfit to run the firm and seeking his ouster from the board.
Byju's crisis: Investors are seeking the ouster of Byju Raveendran and family from the board of the company at an extraordinary general meeting of ...
The extraordinary general meeting (EGM), proposed by Byju's shareholders to seek to oust founder and CEO Byju Raveendran, is currently underway.
Investors, who are seeking the ouster of Raveendran and family from the Byju's board at an extraordinary general meeting of shareholders for alleged ...
A group of four investors of Byju's has filed an oppression and mismanagement suit against the management of the company before the Bengaluru bench of the ...
Byju's founder Byju Raveendran. Credit: Bloomberg Photo. An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday ...
The four investors have cited oppression, and mismanagement by Byju's CEO Byju Raveendran and the top management.
Raveendran and his family stayed away from the EGM. Byju's said only 20 per cent of the investors attended the meeting.
Major Byju's shareholders including Prosus NV and Peak XV Partners voted Friday to oust its founder as chief executive officer, escalating a battle over the ...
Investors vote to remove Byju's CEO and overhaul leadership amid governance concerns, sparking legal battles and controversy.
However, a valid quorum requires the presence of at least one founder-director but Byju's CEO Raveendran, along with his wife and brother, were absent from ...
Responding to the NCLT move of the investors, the edtech company issued a statement stating that the resolutions taken by shareholders are invalid and ...
Byju's: बायजू के बोर्ड से 'परिवार' को हटाने के लिए ईजीएम में वोटिंग; रवींद्रन रहे दूर, चार निवेशक NCLT पहुंचे.
NCLT में दायर की गई याचिका में प्रबंधन को निवेशकों के साथ जानकारी साझा करने का निर्देश देने और फॉरेंसिक ऑडिट की भी मांग की गई है.
Shareholders in Indian edtech startup Byju's, including tech investors Prosus and Peak XV Partners, voted on Friday to oust its founder and CEO Byju ...
BYJU's में अब गंभीर घमासान मच चुका है. कंपनी के शेयरहोल्डर्स ने शुक्रवार को एक ईजीएम बुलाई थी, जिसमें बहुमत से कंपनी के फाउंडर ...