edtech

US court enters $1 billion default judgment against Byju Raveendran

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A US bankruptcy court has slapped Byju Raveendran with a default judgment exceeding $1.07 billion. This severe penalty stems from his repeated failure to comply ...

PhysicsWallah stock slide: Shares sink for 3rd day as Rs 8,600cr wiped out since debut

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PhysicsWallah’s post-listing surge has evaporated, with shares plummeting over 9% and erasing billions in market value. Despite the sharp decline, the edtech firm still trades ...

Byju’s case: Aakash Edu moves NCLT to implead EY

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Aakash Educational Services has petitioned the NCLT in Bengaluru to dismiss Byju’s petition, requesting that EY and Ajay Shah be included. AESL alleges a conflict ...

BCCI settlement: Supreme Court to hear Byju’s insolvency appeals

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The Supreme Court has admitted appeals from Byju’s promoters and BCCI regarding the edtech firm’s insolvency proceedings. These appeals challenge the NCLAT’s refusal to allow ...

Unacademy founders exit operations amid strategic shift; Sumit Jain named CEO: Report

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Unacademy is undergoing a significant leadership transition as co-founder Gaurav Munjal steps down as CEO, with Sumit Jain, a current board member, taking over. This ...