Tag: byjus loan
Byju Raveendran: ED issues show cause notice of Rs 9,362 crore to Byju’s for forex violation
The Enforcement Directorate, late Tuesday, confirmed it has issued show cause notices to Byju’s parent Think & Learn and its founder and chief executive Byju…
Byju Raveendran: Byju’s, Davidson Kempner in talks to settle dispute
Byju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan covenant linked to the…
byjus loan: Byju’s lenders accused of using bogus loan-default claims
Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to a $1.2 billion loan as part of a scheme to…
byju s: Delaware Court rejects Byju’s TLB lenders’ request to investigate $500 million transfer
A Delaware court has rejected a request by edtech major Byju’s Term Loan B lenders to investigate into $500 million transfer from its US-based subsidiary…
byjus loan: Byju’s lenders open to negotiations; will act collectively on disputed $1.2 billion loan
As the battle between embattled edtech major Byju’s and lenders for its $1.2 billion term loan B (TLB) intensifies, the creditors are clear they want…