 "image")
Who is Byju Raveendran
Latest Updates on Byju Raveendran
Edtech company put under moratorium after tribunal finds it defaulted on due owned to BCCI
The Ministry of Corporate Affairs has sought a report in six weeks, said the people, asking not to be named as the information isn't public
Byju's has to make an interest payment on the loan by June 5
s it the end of the road for Byju's? Is JioCinema the new star of OTT? Is there more sweetness left in sugar stocks? What caused the Ludhiana gas leak tragedy? Answers here
Byju's has volunteered to raise the interest rate for the loan by about 200 basis points (bps), but it has not agreed to the prepayment clause so far
Last year, Byju's laid off about 600 employees at its group companies - WhiteHat Jr and Toppr
Byju's is scrambling to appease creditors and investors already concerned about mounting losses at the once high-flying startup
Raveendran is in the midst of overhauling the company's strategy and cutting marketing spend with a goal to be profitable by March
Raveendran acknowledged that the first six years of Byju's were those of steady growth and the next four -- from 2017 to 2021 -- saw the company's exponential rise
Says that by design, every sale is unapproved until it is verified by a triple-layered audit mechanism that reaches out to the interested customer through SMS, audio and video calls
The child rights organisation will meet with Byju's officials again on Monday for additional information and documents from the company
Edtech major Byju's strongly denied reports by NCPCR that the company is allegedly buying phone numbers of children and their parents and threatening them to buy its courses
The child panel took action based on a news report that the company's sales team was engaging in dishonest behaviour to persuade parents to purchase their courses for their kids
Apex child rights body NCPCR has summoned edtech BYJU's CEO over allegations that it is indulging in malpractices to lure parents and children to buy their courses
Move comes in backdrop of Congress MP Karti Chidambaram's letter airing concerns over results
Byju's appointment of Messi is a good example of the illusory fascination that companies harbour for celebrity endorsements
May pick the lead bank in 2 weeks and DRHP expected in Jan-Feb
Byju Raveendran reiterates his commitment to the state, says company spokesperson
"I want to emphasise that the overall job cuts are not more than five per cent of our total strength," he said
The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees