US lenders counter Byju's claim on debt, says edtech obligated to repay full $1.2 bn Term Loan B

The financial trouble of once the most-valued Indian edtech firm BYJU'S started after US-based lenders started legal action against the company to recover USD 1.2 billion TLB. US lenders represented by Glas Trust have countered BYJU's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and... Read More