Byju's faces total shutdown if insolvency proceeds: CEO Raveendran

Quick Summary:

Byju's and Raveendran did not respond to Reuters queries.

Byju's assets have been frozen and its board has been suspended.

Byju's, which operates in more than 21 countries, became popular during the COVID-19 pandemic by offering online courses.

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Article Details

Category: BusinessFinance

Markets: India

Topics: CEO Insolvency proceeds Indian ed-tech Prosus Byju's General Atlantic Total shutdown

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 18:41:21 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21684358

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Official Website: business-standard.com

Update Frequency: 294 posts per day

Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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