Byju's Lenders Seek to Put Three Children's Businesses Into Bankruptcy

Lenders to Indian education-technology company Byju’s have taken the rare step of petitioning to put affiliated children’s education businesses into chapter 11, alleging that funds have been siphoned out of these units.

Lenders to Indian education-technology company Byju’s have taken the rare step of petitioning to put affiliated children’s education businesses into chapter 11, alleging that funds have been siphoned out of these units.