BYJU’S Faces Litigation from US Lenders Over Contract Dispute, Pushes Back Against Unreasonable Terms
May 19, 2023
BYJU’S, the education technology giant, is pushing back against its US lenders of Term Loan B (TLB) due to their “unrealistic and unacceptable terms.” The lenders have resorted to litigation to pressure BYJU’S into significantly changing the contract, which was previously agreed upon