Morningstar1mon
U.S. Bankruptcy Court Finds Riju Ravindran, Camshaft Capital, and Think & Learn Responsible for Defrauding BYJU’s Alpha and Its Lenders
Order Finds Riju, the “most incompetent officer or director of a company in Delaware history,” Breached Fiduciary Duties as Director of BYJU’s Alpha Sham Hedge Fund Camshaft Capital ...
AOL27d
A once-hot startup got a $1.5 billion loan. More than $500 million went to a high school dropout's 'sham' hedge fund, judge rules.
Byju's was once India's hottest startup, with a lineup of top global debt and equity investors. A judge ruled that Byju's-related entities had fraudulently transferred over $500 million to a "sham ...
Indiatimes27d
‘Passion doesn’t pay bills’: Byju Raveendran faces tough question from unpaid employees
Byju Raveendran, CEO of Byju's, acknowledged recent challenges and assured stakeholders of his commitment to the company's recovery despite its significant financial issues. He promised to address ...
Business Wire1mon
U.S. Bankruptcy Court Finds Riju Ravindran, Camshaft Capital, and Think & Learn Responsible for Defrauding BYJU’s Alpha and Its Lenders
NEW YORK--(BUSINESS WIRE)--The steering committee of the ad hoc group of term loan lenders (the “Lenders”) of the $1.5 billion Term Loan B (the “Term Loans”) provided to BYJU’S Alpha ...