$1.2b loan

A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan

A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan

Sources: Byju's plans to sell Epic, acquired for $500M, to settle debts after defaulting on a $1.2B loan, and may also sell Great Learning, acquired for $600M

Online education company was once India's most valuable start-up but now plans asset sales to settle debts LinkedIn: Amit Gupta LinkedIn: Amit Gupta : Ah, the Financial Times finally caught the train,...