BYJU’S Proposes to Pay Back $1.2bn loan in Six Months

  • Edtech company BYJU’S has submitted a proposal to repay its $1.2 billion loan in less than six months.
  • The firm, in conflict with its lenders for almost a year, proposes to pay $300 million within three months, and the rest afterward.
  • The company is under scrutiny for failure to pay provident fund dues and provide financial data to its auditor, Deloitte, leading to the latter’s resignation.
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