Byju's

2024 - 2 - 22

Byju's Founder Faces Turmoil: ED Barred from Traveling, Investors Seek CEO Ouster

Byju Raveendran -- byju's -- byjus Byju's - EdTech - Enforcement Directorate - Investors - Startup - Byju Raveendran - byju's - byjus

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.

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Image courtesy of "NDTV"

Byju's Founder, Fighting Free Fall After Rapid Rise, Has A New ... (NDTV)

In more trouble for edtech giant Byju's, the Enforcement Directorate has barred its founder Byju Raveendran from travelling outside the country.

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Image courtesy of "Business Insider India"

Investors to go ahead with Friday meet to oust Byju's CEO amid ... (Business Insider India)

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 ...

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Image courtesy of "The Indian Express"

Investors question Byju's on Rs 1700 crore billing, commission to ... (The Indian Express)

Startup says Rs 1400 crore dues grossly overstated, outstanding net amount is around Rs 614 crore.

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Image courtesy of "Zee Business"

How Byju's Raveendran, once a startup poster boy, landed on ED's ... (Zee Business)

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 ...

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Image courtesy of "Moneycontrol.com"

Byju's shareholders to vote on resolution to ouster CEO, family on ... (Moneycontrol.com)

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 ...

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Image courtesy of "NDTV Profit"

ED Upgrades Look Out Circular Against BYJU's Promoter Byju ... (NDTV Profit)

The Enforcement Directorate has upgraded its Look out Circular issued against BJYU's founder and CEO Byju Raveendran in connection with a FEMA probe, ...

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Image courtesy of "Startup Story"

ED Requests Revised LOC Against Byju's CEO Amidst Investigation ... (Startup Story)

The Enforcement Directorate (ED) has urged the Bureau of Immigration (BOI) to issue a revised look-out circular (LOC) against Byju Raveendran, ...

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Image courtesy of "Inc42 Media"

Battle For BYJU'S: Byju Raveendran & Family To Skip EGM (Inc42 Media)

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, ...

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Image courtesy of "Deccan Herald"

Byju Raveendran, board members will not attend BYJU's select ... (Deccan Herald)

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 ...

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Image courtesy of "Business Today"

'Incorrect to say EGM won't have quorum': Investors hit back after ... (Business Today)

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 ...

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Image courtesy of "TICE News"

EXCLUSIVE: From Dubai, Ravindran dubs Byju's EGM as invalid ... (TICE News)

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 ...

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Image courtesy of "Hindustan Times"

Byju's shareholder EGM today, investors to vote on ouster of CEO ... (Hindustan Times)

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.

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Image courtesy of "Inc42 Media"

7 Big Questions For BYJU'S Ahead Of The All-Important EGM (Inc42 Media)

With the EGM scheduled for Friday, the fate of edtech giant BYJU'S, its founders Byju Raveendran and Divya Gokulnath hangs in the balance.

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Image courtesy of "The Economic Times"

Byju's EGM in focus; Elevation's long Paytm bet (The Economic Times)

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: □ ...

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Image courtesy of "WION"

Byjus investors forge ahead with CEO ousting amid legal hurdles ... (WION)

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, ...

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Image courtesy of "NDTV"

Byju's Investors To Meet Today To Decide CEO's Future, But There's ... (NDTV)

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 ...

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Image courtesy of "India Today"

Will investors vote to remove Byju's founder? All eyes on crucial EGM (India Today)

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.

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Image courtesy of "Moneycontrol.com"

Byju's EGM update: Investors face disruption amid delay in ... (Moneycontrol.com)

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 ...

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Image courtesy of "Hindustan Times"

Byju's investors move NCLT against CEO Raveendran, deem him ... (Hindustan Times)

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.

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Image courtesy of "Business Today"

Byju's investors file suit against Byju Raveendran, others for ... (Business Today)

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 ...

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Image courtesy of "CNBCTV18"

Byju's EGM: Drama unfolds as shareholders seek removal of ... (CNBCTV18)

The extraordinary general meeting (EGM), proposed by Byju's shareholders to seek to oust founder and CEO Byju Raveendran, is currently underway.

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Image courtesy of "The Indian Express"

Byju's investors file oppression, mismanagement suit against co ... (The Indian Express)

Investors, who are seeking the ouster of Raveendran and family from the Byju's board at an extraordinary general meeting of shareholders for alleged ...

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Image courtesy of "Business Standard"

Byju's investors file oppression, mismanagement suit against CEO ... (Business Standard)

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 ...

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Image courtesy of "Deccan Herald"

Raveendran skips BYJU'S EGM; investors file suit in NCLT seeking ... (Deccan Herald)

Byju's founder Byju Raveendran. Credit: Bloomberg Photo. An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday ...

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Image courtesy of "India Today"

'CEO Byju Raveendran unfit to run firm': 4 Bjyu's investors file suit (India Today)

The four investors have cited oppression, and mismanagement by Byju's CEO Byju Raveendran and the top management.

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Image courtesy of "The Indian Express"

Byju's shareholders vote to oust founder Raveendran, seek board ... (The Indian Express)

Raveendran and his family stayed away from the EGM. Byju's said only 20 per cent of the investors attended the meeting.

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Image courtesy of "NDTV"

Byju's Investors Vote To Oust CEO In Hours-Long Zoom Call ... (NDTV)

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 ...

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Image courtesy of "The Hindu BusinessLine"

Byju's investors pass resolution to oust CEO Raveendran, kin (The Hindu BusinessLine)

Investors vote to remove Byju's CEO and overhaul leadership amid governance concerns, sparking legal battles and controversy.

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Image courtesy of "Livemint"

Byju's call shareholders move to oust CEO Raveendran 'invalid' | Mint (Livemint)

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 ...

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Image courtesy of "Business Today"

Byju's EGM: Investors vote to sack Byju Raveendran and family ... (Business Today)

Responding to the NCLT move of the investors, the edtech company issued a statement stating that the resolutions taken by shareholders are invalid and ...

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Image courtesy of "अमर उजाला"

Byju's: बायजू के बोर्ड से 'परिवार' को हटाने के लिए ईजीएम में वोटिंग; रवींद्रन ... (अमर उजाला)

Byju's: बायजू के बोर्ड से 'परिवार' को हटाने के लिए ईजीएम में वोटिंग; रवींद्रन रहे दूर, चार निवेशक NCLT पहुंचे.

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Image courtesy of "BQ Prime Hindi"

Byju's के निवेशक पहुंचे NCLT, दायर किया उत्‍पीड़न का मुकदमा; रवींद्रन को ... (BQ Prime Hindi)

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.

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Image courtesy of "Reuters India"

Indian startup Byju's calls shareholder move to oust CEO invalid (Reuters India)

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 ...

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Image courtesy of "TV9 Hindi"

Byju's में मचा घमासान, शेयरहोल्डर्स का बड़ा फैसला-'बाहर निकालो रवींद्रन को' (TV9 Hindi)

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 ...

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