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Code.org , the U.S. educational not-for-profit , has charge a cause in a California district court of justice alleging that Byju ’s subsidiary WhiteHat Jr offend a licensing contract by failing to compensate fee while continuing to utilize Code.org ’s platform .
WhiteHat Jr , whichsold to Byju ’s for $ 300 million in 2020 , partnered with Code.org in 2021 and agreed to pay $ 4 million over four year to license Code.org ’s coding Department of Education program . But in the lawsuit file earlier this calendar month , Code.org claims WhiteHat Jr did not reward the payment schedule while continuing to leverage its put one across courseware .
According to Code.org ’s legal complaint , WhiteHat Jr paid its 2022 licensing fee but then informed the non-profit-making in the first place this yr that it would be ineffectual to make the remaining scheduled requital under the four - year deal . Code.org ’s lawyers argue the original declaration create clear that , even in the issue of termination , WhiteHat Jr would not be relieved of its obligation to bear all future licensing payments still owe — $ 3 million in this compositor’s case .
“ To this day , Whitehat has fail to pay either the Q1 2023 bill or the Q2 2023 invoice . In fact , despite repeat written and oral postulation by Code.org for defrayment , Whitehat has not devote anything at all beyond the $ 1,000,000 that it paid pursuant to the 2022 invoices before the Agreement was rectify , ” save attorney of Code.org , whose donor include Microsoft , Amazon and Google .
Byju ’s did not answer to a request for comment .
The lawsuit is the most recent trouble for Byju ’s stemming from its attainment of WhiteHat Jr , adding to existing issue the company has faced since the leverage . The Amerindic edtech giant , valued at $ 22 billion in a financing turn in former 2022 , earlier this twelvemonth weighedwhether to hoist down WhiteHat Jr , TechCrunch reported .
It also adds to the woe of Byju ’s , which is look heating plant for prolong time lag in filing its fiscal accounts and administration consequence . Prosus , an influential backer of Byju ’s , recentlywrote down the valuation of the startup to below $ 3 billion .
