Friday, May 03, 2024
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These lenders together own 85 per cent of the $1.2 billion Term B loan

When asked, a spokesperson from Think and Learn Private Limited, the parent of Byju’s told Mint that the company has not received any notice from the Ministry

In the past two years, the company has cut more than 3,000 jobs in separate rounds

The Indian edtech major has also accused the investment firm of leading a group of lenders to play predatory tactics against the company