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Byju’s, once valued at $22 billion, faces insolvency proceedings


An Indian tribunal court initiated insolvency proceedings for Byju's, once India's most valuable startup, on Tuesday in response to a petition from the An Indian court has initiated insolvency proceedings against edtech giant Byju's, once-valued at $22 billion.

An Indian tribunal court initiated insolvency proceedings for Byju’s, once India’s most valuable startup, on Tuesday in response to a petition from the country’s powerful cricket board. Google has become one of the latest investors in Moving Tech, the parent firm of Indian open-source ride-sharing app Namma Yatri that is quickly capturing market share from Uber and… One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy proceeding alive and pave the way for…

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