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The NCLT, Bengaluru has issued notice on a plea by digital marketing vendor Surfer Technologies seeking the initiation of insolvency proceedings against Think & Learn Pvt Ltd, parent company of edu-tech startup, Byju's ....
Two petitions have been filed before the NCLT, one is by US-based creditors and another is by an Indian unit of a French multinational company. Both petitions are yet to be filed ....
Byju’s secured $1.2 billion in debt through a term loan facility from a consortium of global investors in November 2021 and is embroiled in a legal dispute with the lenders in the US ....