BYJU'S Lenders Tap Kroll To Protect Great Learning & Singapore Entity Assets
Lenders of BYJU'S have appointed Kroll to protect the "charged assets" of both Great Learning Pte and the edtech firm’s Singapore entity
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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 today's 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 .