Brush Stroke

Byju's $1.2-billion loan disagreement leads to legal conflict, concerns major investor

Brush Stroke

Davidson Kempner Capital Management is 'extremely concerned' about Byju's legal battle and missed interest payment on a $1.2 billion loan.

Brush Stroke

The firm may slow down or stop disbursement of the $250 million investment round it has closed with Byju's.

Brush Stroke

Byju's is suing Redwood for 'predatory tactics' and acceleration of the $1.2-billion TLB facility.

Save time.  Stay Informed with FYI: A short news app for working professionals.

Brush Stroke

The legal battle may negatively impact Byju's fundraising and delay the IPO of its subsidiary Aakash Educational Services (AESL).