Cosimo Borrelli News Today

The suits filed against Lum seek at least $690.6 million for alleged breach of fiduciary duty. Read more at straitstimes.com.

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Great Learning, which Byju’s bought for $600 million in 2021, may now be sold

(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...

Mohan Lakhamraju, the founder and chief executive officer of Great Learning, is continuing to lead the company, according to the statement

Lenders of BYJU'S have appointed Kroll to protect the "charged assets" of both Great Learning Pte and the edtech firm’s Singapore entity

Kroll Pte. Limited Kroll today announced that Mr. Cosimo Borrelli and Mr. Jason Aleksander Kardachi were appointed to safeguard the charged assets of Great Learning Education Pte. Ltd. Great Learning and Byjus Pte. Ltd. BPL.

The appointment was made on behalf of the secured creditors of Byjus Alpha, as part of the lenders exercise of their security rights following defaults by the company, said a statement from Kroll.

Secured creditors of Byjus Alpha have onboarded two senior executives from risk and financial advisory solutions provider Kroll to ‘safeguard the charged assets of the troubled edtech and Great Learning Education. This and more in todays ETtech Top 5.

India Business News: NEW DELHI: Lenders of Byju’s have appointed risk advisory firm Kroll to safeguard the charged assets of Great Learning and the troubled edtech firm’s .