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“ This rights issue is about those who care the most about BYJU'S stepping up as we continue to turn the company around. Along with being a founder, I am also the largest investor in the company. The funds raised will be exclusively utilized to clear immediate liabilities and meet operational requirements, while maintaining the current rights of our valued shareholders,
Byju Raveendran, 2 years
BYJU’s To Raise $200 Million Via Equity Rights Issue At Valuation Of…

Statements by Byju Raveendran

“ The edtech startup, which was once India’s biggest startup at $22 billion valuation, is now worth zero,
Byju Raveendran, 10 months
Byju’s founder Byju Raveendran ready to return money to lenders but…
“ If they are ready to work with me, I am ready to give them back before withdrawing a single rupee. We’ve paid $140 million, but they wanted the full $1.2 billion that we had already committed or…
Byju Raveendran, 10 months
Byju’s founder Byju Raveendran ready to return money to lenders but…
“ Under the credit agreement, not just The Borrower but even the parent company TLPL has the right to disqualify Lenders. Tim Pohl is simply a nominee of the lenders. He does not have any powers to…
Byju Raveendran, a year
Byju’s Still Obligated To Repay Full Loan Amount, Say US Lenders

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