Page 15 - Great Learning News Today

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Sources say it will have regular interactions, where the promoters will keep the group informed about corporate level developments 

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

Manipal Group chairman Ranjan Pai may reportedly invest as much as $250-300 million in Aakash Institute, a subsidiary edtech firm BYJU’s.

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

The appointment was made on behalf of secured creditors of Byju’s Alpha Inc, as an exercise of their security rights following defaults by Byju’s Alpha Inc

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 as part of the secured lenders’ exercise of their security rights following defaults by Byjus Alpha Inc.

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.