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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 Byju's 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 today's ETtech Top 5.