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Here's what the Byju's mess can teach India's start-up ecosystem - Vimarsana News

Here's what the Byju's mess can teach India's start-up ecosystem

Buffeted by problems from all sides, Think and Learn—the corporate name Byju’s goes by—is battling a sharp valuation markdown from one of its investors, Prosus, which has reduced the firm’s valuation from the earlier $22 billion (which made it the world’s most valued edtech firm) to just $5.1 billion now. - Issue Date: Sep 17, 2023

Byju's files suit against lender in New York court | Business News,The Indian Express - Vimarsana News

Byju's files suit against lender in New York court | Business News,The Indian Express

Byju's, which filed the suit in the New York Supreme Court, said Redwood purchased a significant portion of the loan while primarily trading in distressed debt, which was contrary to the conditions of the term loan facility.