Good Glamm: Story of a cash crunch, a fundraise, and the exit of three directors
Good Glamm is planning to raise capital at a very low valuation which would overhaul its cap table. Many investors are not keen to bring more money.
Avoiding the startup death spiral: How to fix your cash flow crisis
One of the most common causes of cash flow problems is delayed payments. Late payments from clients disrupt financial ...
What now for Byju’s? Insolvency process faces fresh hurdles after NCLT order
Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.
Good Glamm in jam, investors exit board
Good Glamm Group, a Mumbai-based unicorn, saw investor exits from its board amid financial issues like fund constraints, ...
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Grapevine: Blackstone, Sattva Group, Byju’s in news
A Blackstone-Sattva Group joint venture plans to file draft IPO papers for a real estate investment trust by mid-February, according to a media report. Also in news, a US federal judge has found a top ...
Byju’s Manager, Business Partner Found in Contempt of Court
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NCLT Orders Disciplinary Action Against Byju’s RP, Reinstates Glas Trust & Aditya Birla Finance
The National Company Law Tribunal (NCLT) issued a major decision that could change the course of Byju's bankruptcy proceedings: it ordered disciplinary action against the resolution professional (RP) ...