• 09/21/2024

Byju’s Lenders Seek to Put Three Children’s Businesses Into Bankruptcy

Wall Street Journal

Lenders to Indian education-technology company Byju’s have taken the rare step of petitioning to put affiliated children’s education businesses into chapter 11, alleging that funds have been siphoned out of these units.

https://www.wsj.com/articles/byjus-lenders-seek-to-put-three-childrens-businesses-into-bankruptcy-78fa298b