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The company filed a suit against investment management firm Redwood saying the US entity purchased a significant portion of the loan
The allegation came out at a court hearing on Thursday in Delaware, where Byju’s Alpha faces a lawsuit over who should control the company. Lenders claim that because of a default earlier this year, they have the right to put their representative, Timothy R. Pohl, in charge.
/PRNewswire/ -- The "Test Preparation Market in India 2023" report has been added to ResearchAndMarkets.com's offering. The test preparation market in India is...
Indian EdTech giant, Byju’s Alpha, has been sued by an agent for lenders owed $1.2 billion after months of negotiations between creditors and the company.
Lenders have alleged that BYJU’S Alpha is hiding $500 Mn during a lawsuit between creditors and the edtech giant.