Byju’s founder accused of trying to regain firm with hidden cash

Quick Summary:

Byju's founder, Byju Raveendran, attempted to use hidden loan funds to repurchase a US-based software company.

Raveendran is embroiled in legal battles in both India and the US over his bankrupt education technology firm.

He allegedly collaborated with businessman William R Hailer to buy out creditors and regain control of the company.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaBhutan

Topics: Epic! Byju Raveendran Business news US Bankruptcy Court Raveendran

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 10:30:37 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 802 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23727541

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 21 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #28

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