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October 12, 2023
(Bloomberg) -- A lender-appointed receiver has taken steps to assume control of a Byju’s unit following months of failed restructuring negotiations and a loan default, according to people with knowledge of the matter. Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealGoldman Sues Malaysia as 1MDB Settlement Dispute Escala...
October 12, 2023
Great Learning, which Byju’s bought for $600 million in 2021, may now be sold
October 12, 2023
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caught Off Guard as China Strikes Sri Lanka Debt DealHouse Repu...
October 12, 2023
Mohan Lakhamraju, the founder and chief executive officer of Great Learning, is continuing to lead the company, according to the statement