Byju’s creditors seek quicker part-payment of $1.2 billion loan1 min read . Updated: 13 Dec 2022, 11:18 AM IST
Byju’s is seeking to restructure the loan as it struggles with steep losses and meeting its cost reduction targets: Report
A group of creditors to Byju’s, India’s most valuable startup, has asked the company to immediately repay part of a $1.2 billion loan they recently bought into as they renegotiate terms of the debt, according to people familiar with the matter.
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