An Indian court allows insolvency proceedings to begin against edtech startup Byju's, and installs an interim resolution professional to replace Byju Raveendran (Bloomberg) https://bit.ly/4cH08h4
Bloomberg:
An Indian court allows insolvency proceedings to begin against edtech startup Byju's, and installs an interim resolution professional to replace Byju Raveendran — - Insolvency professional appointed to run the company — Byju's says it seeks to reach ‘amicable settlement’ with BCCI
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