🚀 Business & Startups🇮🇳 India
NCLT Hits Pause on BYJU'S Insolvency Bidding Until August 31
mint - companies·Friday, 24 July 2026
The National Company Law Tribunal's Bengaluru Bench has stayed the insolvency bidding process for BYJU'S parent company Think & Learn until August 31, granting interim relief to the company's founders. The troubled edtech firm has been mired in legal and financial battles for over a year.
Why It Matters
BYJU'S once valued at over $22 billion employed thousands of people and had millions of student subscribers across India. The outcome of this insolvency process affects creditors, employees, and students still using the platform.
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