Episode 6
Why creditors are losing faith in Byju’s
The edtech giant's lenders want a faster part-repayment of their $1.2 billion loan
December 16, 202211m 39s
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Show Notes
India's most valuable startup breached the loan terms, including a September deadline for filing its results for FY 2022.
Byju's filings for the previous financial year, too, were delayed by one and a half years. And their last audit report does not paint a pretty picture of the company's financials for FY 2021.
Tune in to find out what is causing this lack of confidence amongst the creditors of the edtech giant
With inputs from Gaurav Tyagi
Topics
Byju'sEdtechsloanfinancialnewsauditbusiness