Byju’s unit put into bankruptcy in US over $1.2bn default
Byju's Alpha Inc, a unit of Byju's, filed for bankruptcy in the US due to its $1.2 billion debt. The company lacks funds to continue fighting with its parent company. Parent company Byju’s, an online-education pioneer, continues to run its business in India and beyond even as the fight with creditors threatens its prospects.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
