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Byju's Lenders Move to Put Unit in Receivership After Default

(Bloomberg) A lender-appointed receiver has taken steps to assume control of a Byju’s unit following months of failed restructuring negotiations and a loan default, according to people with knowledge of the matter. Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealGoldman Sues Malaysia as 1MDB Settlement Dispute EscalatesHouse Republicans ....

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More trouble for Byju's as lenders move to put Singapore unit in receivership

Great Learning, which Byju’s bought for $600 million in 2021, may now be sold ....

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BYJU'S lenders engage Kroll to safeguard Great Learning's charged assets

BYJU'S lenders engage Kroll to safeguard Great Learning's charged assets
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Byju's Lenders Move to Put Singapore Unit in Receivership

(Bloomberg) Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caught Off Guard as China Strikes Sri Lanka Debt DealHouse Republicans Pick Scalise as Sp ....

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Byju's lenders move to put Singapore unit in receivership after default

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

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