Tag: byju s alpha

NEW DELHI: Troubled edtech startup Byju's and its lenders have missed an initial deadline to rework the terms of its $1.2 billion term loan. The steering committee of the ad hoc term loan lenders, who collectively own more than 85% of the loan, had earlier said that the process would be closed before August 3. dIn a statement, Byju's said that a meeting with the lenders is scheduled early next week. The discussions are progressing well in the right direction and expected to close at the earliest, the...