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BYJU’S Stuck In Bankruptcy Limbo

5 0
09.03.2025

Even as the tubelights go off one by one, BYJU’S founder and CEO Byju Raveendran continues to fight the fight and delay what looks like the inevitable. The latest weapon in his arsenal is an anonymous whistleblower claiming a huge conspiracy at EY against the crumbling edtech giant.

While Inc42 could not get EY or Byju Raveendran to officially comment on the allegations, the company is still stuck in limbo. With cases in the US and India looking like they might fall against BYJU’S, there’s also a serious possibility of an official dissolution of the company.

Here’s how BYJU’S is stuck in a limbo and with nowhere to go. But first, a look at the top stories from our newsroom:

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BYJU’S In A Loop

There seems to be no end to the twists and turns in the BYJU’S saga. Now, the troubled edtech’s founder and CEO Byju Raveendran has raised questions over the ongoing insolvency proceedings against the company.

In a LinkedIn post, Raveendran alleged that he has documents that show “conclusive evidence of criminal collusion” between EY India, the lenders and Pankaj Srivastava (IRP). While he........

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