Sunday, June 4, 2023

Top Indian startup Byju’s faces deadline for $40 million payment

Top Indian startup Byju’s faces deadline for $40 million payment The edtech firm expects to pay on Monday to meet the June 5 deadline, the people said, asking not to be named because the information isn’t public. The situation is still fluid and plans could change. Failure to pay on that date means the $1.2 billion loan will default.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/top-indian-startup-byju’s-faces-deadline-for-3640-million-payment_17069511.html

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