Classroom to courtroom: Lenders seek Byju's insolvency
Summary
- Separately, Teleperformance Business Services Ltd, the Indian unit of the French multinational, too filed an insolvency petition against Byju’s on Thursday
MUMBAI : Overseas lenders of online tutor Byju’s have filed an insolvency petition against its parent company Think & Learn Pvt. Ltd in Bengaluru to recover a $1.2 billion loan, in an ignominious turn for the company that was once India’s most-valued startup.
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