Grapevine: Byju’s US arm accused of hiding $500 mn; Infibeam unit plans listing

By Shubhobrota Dev Roy

  • 19 May 2023
Premium
Byju Raveendran, founder and CEO, Byju's

Lenders have accused Byju’s US-based entity of hiding $500 million as part of a fight between creditors and the edtech decacorn, Bloomberg reported. The allegation came out at a court hearing where Byju’s Alpha faces a lawsuit over who should control the company. Lenders claim that because of a default earlier ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.